Refiner Valero Energy Corp reported a slump in second-quarter profit as improved fuel supplies and slowing economic activity compressed margins. Valero said total refinery throughput volumes averaged 2.96 million barrels per day in the quarter, roughly same as last year.  ( 6 min )

The largest domestic U.S. airline expects revenue per available seat mile (RASM) to fall between 3% and 7% in the third quarter, while capacity is expected to be up about 12%. However, Southwest expects the quarter to be profitable and operating revenue to hit a record. The airline attributed the fall in RASM, a proxy for pricing power, to tough comparisons from a boom in travel demand last year.  ( 7 min )

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic shift.  ( 28 min )

Wood’s ARK Innovation fund is riding high this year. So are her expectations for robotaxis, drone delivery, and Coinbase, as she explains in an interview.  ( 27 min )

(Bloomberg) -- Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks and raised its dividend. Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentMitch McConnell Freezes at Start of News Conference, Returns LaterThe r  ( 32 min )

Wall Street is worried about the risk that surging demand for artificial-intelligence chips could divert spending from traditional processors.  ( 26 min )

U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh on U.S. growth, after the Federal Reserve on Wednesday left open the possibility of more rate increases and excluded easing financial conditions anytime soon. With its latest 25 basis point interest rate increase now in the books, the Fed has raised the benchmark overnight interest rate by 525 basis points since March 2022 to a level last seen before the 2007 housing market crash in a fight to bring down inflation. Cooling consumer prices and a resilient economy have sparked rallies in stocks this year and Fed Chairman Jerome Powell on Wednesday said a recession is unlikely - a sharp reversal from the mood earlier this year, when both the Fed and investors believed a downturn was all but unavoidable.  ( 8 min )

As prices surged in the West following Russia’s invasion of Ukraine, Vladimir Putin was confident enough about the health of his own economy to gloat.  ( 9 min )

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De Europese Commissie start een officieel onderzoek naar Microsoft. Het techbedrijf heeft mogelijk Europese concurrentieregels overtreden door zijn communicatiedienst Teams te bundelen met Office-producten.  ( 3 min )

Het zakelijke communicatieplatform Slack kampte donderdagochtend met een storing, waardoor berichten niet altijd aankwamen. Inmiddels zijn de problemen met de dienst opgelost.  ( 2 min )

De duurdere boodschappen leggen voedingsfabrikanten geen windeieren. Dinsdag werd al duidelijk dat Unilever meer winst boekte door hogere prijzen, donderdag maakte de Zwitserse concurrent Nestlé bekend dat het ook meer overhoudt doordat het zijn prijzen heeft opgeschroefd.  ( 4 min )

Het zakelijke communicatieplatform Slack kampt donderdagochtend met een storing, waardoor berichten niet altijd aankomen. Er wordt gewerkt aan een oplossing.  ( 2 min )

Facebook-moederbedrijf Meta zag de omzet in het afgelopen kwartaal stijgen door duizenden ontslagen en een verbetering in de advertentieverkopen. Maar voorlopig blijft de Metaverse een grote kostenpost.  ( 4 min )

Shell zag zijn winst afgelopen kwartaal halveren ten opzichte van dezelfde periode vorig jaar. Dit kwam onder meer doordat de olie- en gasprijzen de afgelopen maanden flink lager waren.  ( 4 min )

Het succes van de Hollywoodfilm over Barbie heeft voorlopig niet gezorgd voor extra verkoop van Barbie-poppen. Dat meldt moederbedrijf Mattel, dat zijn inkomsten in het tweede kwartaal met 12 procent zag dalen.  ( 3 min )

Na een jaar met ingrepen om de inflatie af te remmen, verhoogt de Europese Centrale Bank (ECB) de rente vandaag mogelijk voor het laatst. Experts denken dat de ECB zo niet meer economische schade wil veroorzaken dan nodig.  ( 6 min )

Werknemers kwamen de afgelopen maanden vaker in opstand voor meer loon. Er waren dan ook meer stakingen en acties dan in de voorgaande jaren. Toch zijn er net zoveel cao's afgesloten, onder meer vanwege de krapte op de arbeidsmarkt  ( 5 min )

Learn how globalization impacts international investment and transforms economies around the world. Understand the implications of globalization.  ( 19 min )

The Basel III regulations marked drastic reform in international banking. But how will they affect the worldwide economy?  ( 23 min )

With fewer homes for sale in the Hamptons, buyers are clambering over what is left in the market, even as the median sales price falls from a year earlier.  ( 17 min )

Delta is the ratio comparing the change in the price of the underlying asset to the corresponding change in the price of a derivative.  ( 26 min )

Learn how the price elasticity of demand is more sensitive for some types of consumer goods than others, and see what factors most influence elasticity.  ( 23 min )

Interest rates are divided into subcategories. Smart investors look beyond the nominal or coupon rate of a bond or loan to see if it fits their objectives.  ( 28 min )

Google's parent company did something different in Q2, as revenue growth outpaced spending. With an AI arms race and an uncertain economy though, it's not clear if the company can do it again.  ( 8 min )

Analysts were bullish heading into the burrito chain's second-quarter earnings. The stock is up 51% this year, leaving little room for error.  ( 26 min )

Trucking company Yellow is preparing to file for bankruptcy, according to people familiar with the matter, heightening the threat that one of the nation’s largest freight carriers will shut down as customers abandon it amid a cash crunch and union negotiations.  ( 28 min )

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Focus will quickly turn to guidance for the third quarter, typically the best three months for cruise operators.  ( 26 min )

The company also unveiled two major additions to its suite of generative artificial intelligence tools.  ( 26 min )

Mark Zuckerberg’s social media empire has reported a jump in advertising revenues and said that 3 billion people are now regularly checking Facebook.  ( 31 min )

(Bloomberg) -- MaxLinear Inc., a maker of chips for broadband communications, said it terminated its attempt to acquire Silicon Motion Technology Corp., ending a cash-and-stock deal worth $3.8 billion.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentUK Billionaire Joe Lewis  ( 7 min )

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Shares of Recursion Pharmaceuticals, Schrodinger and others that are implementing AI are surging.  ( 24 min )

Chipotle Mexican Grill reported quarterly results Wednesday after the market close. The results: strong but missed some Street marks.  ( 8 min )

Meta reported earnings on Wednesday after the bell, beating estimates on the top and bottom line. The company also logged a steeper loss than expected in its VR division, Reality Labs, and revealed its expenses for the year will be higher than anticipated.  ( 9 min )

Meta reported its Q2 2023 earnings on Wednesday after the bell.  ( 7 min )

Stocks drifted after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )

Traders appear fixated on Fed Chair Jerome Powell's comments that there's still "a long way to go" in terms of getting inflation down to 2%. Powell said that he doesn't think inflation will be back at that level until around 2025. That's dampening some of investors' recent optimism that inflation w  ( 22 min )

Stocks rose after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )

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Stocks rose after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )

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The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest U.S. central bank policy rate in 16 years. The rate hike, the Fed's 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open to another increase. "The (Federal Open Market) Committee will continue to assess additional information and its implications for monetary policy," the Fed said in language that was little changed from its June statement and left the central bank's policy options open as it searches for a stopping point to the current tightening cycle.  ( 9 min )

Ruth Porat's new title at the Google parent has Wall Street buzzing.  ( 26 min )

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On Tuesday, Microsoft Corporation (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) both reported their latest quarterly results. But while Google-parent topped expectations across the board, Microsoft’s guidance fell short of expectations, overshadowing the fact its fiscal fourth quarter results surpassed estimates. Microsoft’s Fiscal Fourth Quarter Highlights For the quarter that ended on June 30th, the software maker generated $56.19 billion in revenue that rose 8%, which topped R  ( 8 min )

(Bloomberg) -- The Federal Reserve raised interest rates to the highest level in 22 years and left the door open to additional increases as officials fine-tune their effort to further quell inflation.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Pleads Guilty in Last-Minute Revised Deal With DOJUK Billionaire Joe Lewis Charged in US With Insider TradingRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley SaysChina Replaces F  ( 8 min )

The best CDs are already paying record rates, but today's Fed rate hike could nudge them higher still. Here's what to expect for CD rates going forward.  ( 17 min )

Stocks were mixed after the Federal Reserve's decision to raise interest rates by a quarter percentage point.  ( 7 min )

The Federal Reserve is expected to raise rates by 0.25% on Wednesday, resuming its aggressive rate hiking campaign in an effort to bring inflation back to its 2% target.  ( 7 min )

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Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any. The post Old Dominion uses cost control to mitigate slumping demand in Q2 appeared first on FreightWaves.  ( 41 min )

(Bloomberg) -- Bill Gross said he’s selling most of his regional bank holdings, three months after buying stocks including Western Alliance Bancorp and PacWest Bancorp in the wake of the March banking crisis.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentMitch McConnell F  ( 31 min )

Shares of the company rose 53.3% to 69 cents in afternoon trade. As part of a prearranged deal, Mallinckrodt will propose to write off about $1 billion from what it still owes to addiction victims and state and local governments, while making a one-time payment of roughly $250 million, the report said, citing people familiar with the discussions. Mallinckrodt did not immediately respond to a Reuters request for comment.  ( 39 min )

Wall Street is sharpening its pencils and doing some math following Tuesday's announcement that UPS and the Teamsters agreed to a new labor contract.  ( 26 min )

Here's how Fed interest rate hikes affect savings products, various types of loans and credit cards.  ( 9 min )

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Despite the market’s big comeback in 2023, there is still one issue keeping positive sentiment in check; the prospect of a looming recession remains real. Nevertheless, J.P. Morgan Wealth Management’s Global Investment Strategist Elyse Ausenbaugh thinks investors have reason to be upbeat. “There are actually a lot of things for investors to feel pretty good about right now – starting with the economy,” Ausenbaugh opined. “In spite of higher interest rates, the economy has stayed a lot more resil  ( 10 min )

Serial entrepreneur Spencer Rascoff is best known as the co-founder and former CEO of the online real estate marketplace Zillow. He also co-founded Pacaso, a platform that aims to make owning a second home more accessible by offering a shared ownership model. Given his role in creating these platforms, one might think that Rascoff must be a big real estate investor. But that's not really the case. In a recent fireside chat, Arrived Co-Founder and CEO Ryan Frazier asked Rascoff whether he has inv  ( 8 min )

The automotive maker's sales grew 6% after seven quarters of year-over-year declines.  ( 18 min )

Rates on 30-year mortgages rose for a second day, raising the flagship average within the lower-7% range seen over the past two weeks. Most other averages moved up as well.  ( 21 min )

The social-media giant has seen a surge after cutting costs and improving ad-targeting.  ( 26 min )

Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids.  ( 29 min )

Both big companies said they plan to invest more in infrastructure needed for artificial intelligence. That's great for the chip manufacturer, Jefferies says.  ( 26 min )

Alphabet stock rallied Wednesday after the company reported earnings late Tuesday that beat expectations and staved off some investor concerns around slowing growth in its core ad businesses.  ( 8 min )

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Investors had been convinced that the deal, announced more than 14 months ago, would never close.  ( 26 min )

The solar company expects to add 70,000 to 90,000 residential customers this year, down from its previous outlook for 90,000 to 110,000 customers.  ( 26 min )

The German auto maker is investing $700 million in the Chinese EV start-up. The companies will develop two electric vehicles together.  ( 26 min )

Boosted by inflation cooling down significantly, and ongoing strength in the jobs market, economic prognosticators have recently touted the probability of a soft landing for the economy instead of the previously dreaded prospect of a full-blown recession. Steve Eisman, famous for predicting the housing fiasco of 2008 as told in the Big Short, is amongst those taking that optimistic view. “So far, there’s no evidence of a recession,” Eisman said recently. “So as long as there’s no evidence of rec  ( 10 min )

Bud Light is in the headlines again. The CEO of Anheuser-Busch InBev (NYSE:BUD), the multinational brewing company behind Bud Light, is reportedly planning to go on a tour this summer to listen to consumers. But "Shark Tank" star Kevin O'Leary, also known as Mr. Wonderful, doesn't believe it will turn things around. "I don't think that's going to work," O'Leary said in a recent interview with Fox Business. "He's going to get an earful, there's no question about it. The problem with that tour and  ( 8 min )

PacWest's rescue was a fresh reminder that the banking industry turmoil is still not over. That could help regulators make their case for stronger capital rules.  ( 10 min )

Savers who delayed moving cash into higher-interest accounts or bank CDs still have time to earn better returns on their savings.  ( 27 min )

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AT&T (T), America's biggest telecom company by revenue, reported robust second-quarter earnings as its cost-cutting plan paid off, amid an ongoing 5G rollout and stronger than expected subscriber gains.  ( 19 min )

Stocks were lower Wednesday in the countdown to the Federal Reserve's interest-rate decision, as investors weighed Microsoft and Alphabet results.  ( 7 min )

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The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’  ( 22 min )

In a press release Wednesday, the company said that Prime members would be able to sign up for its $25 plan "seamlessly from the comfort of home."  ( 26 min )

(Bloomberg) -- Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings Inc., because of a combination of high price demands from some investors and a weak market for deals, Chief Executive Officer Jitse Groen said. Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsUK Billionaire Joe Lewis Charged in US With Insider TradingRolex, Patek Prices to Keep Fallin  ( 31 min )

The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal.  ( 25 min )

Union Pacific hired the CEO Wednesday that a hedge fund pressuring the railroad to improve recommended earlier this year, and it cut its outlook after reporting disappointing results driven by weakening consumer demand. The Omaha, Nebraska-based railroad said its former chief operating officer Jim Vena will take over as CEO next month. The Soroban Capital Partners hedge fund that holds a $1.6 billion stake in Union Pacific had been urging the railroad to hire Vena because of his expertise in streamlining operations.  ( 7 min )

It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 11 min )

Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )

I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 8 min )

Dividends are the bread and butter of income investors. You don't need to sell your assets or spend hours every day managing your accounts. Instead, dividend stocks simply generate income on their own. Putting together a portfolio that generates at least … Continue reading → The post How to Make $1,000 a Month in Dividends appeared first on SmartAsset Blog.  ( 10 min )

Volkswagen on Wednesday announced two agreements aimed at strengthening the German carmaker's position in the Chinese market, including a partnership between the Volkswagen brand and China's Xpeng Inc to build two new models. Volkswagen and Xpeng agreed to develop two new VW brand models on the MEB platform at Volkswagen's new technology center in Hefei, to be rolled out from 2026 and featuring Xpeng software on autonomous driving.  ( 6 min )

Boeing stock is climbing higher as the company announced a narrower loss and revenue beat for the second quarter, and reaffirmed its profit and delivery guidance.  ( 8 min )

Both makers of aircraft engines reported higher earnings than expected, but RTX stock tanked because of a quality problem with a key engine.  ( 26 min )

↘️ LVMH (LVMUY): The conglomerate's sales fell slightly in the U.S., in the latest sign that luxury-goods demand [is starting to slow](https://www.wsj.com/articles/lvmh-posts-sharp-rise-  ( 23 min )

As real estate investment trusts (REITs) continue to attract investors seeking consistent income, the focus increasingly shifts to dividend yields—a crucial metric for those eyeing regular income streams. This piece explores five publicly traded REITs with impressive dividend yields, providing insights for potential REIT investors looking to expand their portfolios. SL Green Realty Corp (NYSE:SLG) SL Green Realty Corp specializes in acquiring, managing, and maximizing the value of Manhattan comm  ( 8 min )

Demand from the automotive industry has emerged as a bright spot for the chip industry at a time other clients are cutting back on orders, as carmakers had faced a severe semiconductor shortage over the past two years and their supply chains have only started normalizing in 2023. Israel-based Tower provides customers with analog and mixed-signal semiconductors, mainly for the automotive and consumer industries.  ( 7 min )

Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker entered the real world of manufacturing and competition. "They are entering my world, the world of tight pricing, cost competitiveness, and the operational issues that a big company like ours may face," Tavares told the press, presenting first half results for the Franco-Italian automaker. "The result of the fact that Tesla is now entering my world, is that their profitability moved from more than 17% in the first half of 2022 to 10.5% in the first half of 2023," he said.  ( 39 min )

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Boeing flipped to a $149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business. Boeing said it is beginning to increase production of its two most popular airline planes. Boeing is also boosting output of the larger, two-aisle 787 Dreamliner from four to five per month by year end.  ( 7 min )

Coca-Cola reports second-quarter adjusted earnings of 78 cents a share on revenue of $12 billion.  ( 26 min )

The aerospace giant said it is increasing jetliner production as planned while reducing its debt.  ( 26 min )

The cost of work-life balance shouldn't be the working day, career experts told Fortune.  ( 8 min )

Its defense business, however, continued to face challenges, with three major fixed-price programs - NASA's Starliner capsule, the U.S. Air Force's T-7 training jet and U.S. Navy's MQ-25 tanker drone - recording about half a billion in charges in the second quarter. Boeing reiterated its plan to generate $3 billion to $5 billion in free cash flow this year, as well as to deliver at least 400 single-aisle 737s and 70 787 Dreamliners in 2023. Boeing Commercial Airplanes head Stan Deal said in June that the company would ramp up narrowbody production to 38 a month "very soon."  ( 7 min )

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If you’re confused about the rules surrounding required minimum distributions from retirement accounts in 2023, the IRS is offering some much-needed clarification – and relief. A financial advisor can help you plan for RMDs and manage your taxes in retirement. Find a fiduciary advisor today. When the SECURE 2.0 Act was signed into law in […] The post The IRS May Be Cutting You a Break on Your RMDs This Year appeared first on SmartReads by SmartAsset.  ( 8 min )

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A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.  ( 40 min )

Stock futures slid Wednesday in the countdown to the Federal Reserve's interest-rate decision, as investors weighed Microsoft and Alphabet results.  ( 7 min )

Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday that it sees "uncertain" demand in the third quarter but stuck to its 2023 capital spending plans as its gears up to meet customer demand for artificial intelligence (AI). The semiconductor industry has come under pressure as global economic woes dent demand for chips used in everything from cars to cellphones. UMC's bigger Taiwanese rival TSMC, the world's largest contract chipmaker, last week forecast a drop of around 10% in 2023 sales and flagged investment spending at the low end of estimates.  ( 39 min )

(Bloomberg) -- JPMorgan Chase & Co. sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $2,000 an ounce by year-end and hit fresh records in 2024 as interest rates start to fall.Most Read from BloombergChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley Says‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand Valu  ( 8 min )

The telecom firm posted free cash flow of $4.2 billion in the three months ended June, compared with analysts' estimates of $3.60 billion, according to Visible Alpha. The results marked an improvement from the first quarter and showed the benefits of a cost-cutting plan that helped shave off more than $1 billion in operating expenses during the reported period through measures such as a reduction in office locations. A lower cost bill is crucial for AT&T as it needs a steady flow of cash to service its net debt of $132 billion and support a dividend that is among the highest for U.S stocks.  ( 7 min )

(Bloomberg) -- Three Japanese market veterans ruminating over beer in Tokyo whether Chinese debt is the deal of the century or the road to ruin sum up the dilemma global investors face in deciding to play in the world’s second-largest bond market.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsUK Billionaire Joe Lewis Charged in US With Insider TradingRolex, Patek Prices to Keep Falling as Supplies Remai  ( 33 min )

Both Microsoft and Alphabet report better-than-expected earnings and highlight their investments in artificial intelligence, Snap stock tumbles on a disappointing revenue forecast, PacWest Bancorp is being acquired, and AT&T is scheduled to post quarterly results.  ( 26 min )

U.S.-European carmaker Stellantis on Wednesday reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe. Sales of all-electric vehicles rose by 24% to 169,000 vehicles as Stellantis became the third-largest producer of EVs in Europe, led by the Fiat New 500, Open Mokka and Citroen Berlingo. Stellantis has 25 electric vehicles on the market and is launching another 23 by the end of next year.  ( 6 min )

(Bloomberg) -- In what was a brutal 2022 for investors, there was at least one sure-fire, money-making proposition for much of the year. All they had to do was buy stocks and bonds seconds before Federal Reserve Chair Jerome Powell began speaking at his post-FOMC press conference and dump them as he was wrapping up.Most Read from BloombergChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley Says‘We Were Wrong’: Morgan  ( 7 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Deutsche Bank reported a fall in quarterly profit on higher costs. But it will resume share buybacks as revenue continues to rise. Some highlights from second-quarter earnings at Germany's biggest bank: Net profit fell 22% to €940 million, or about $1 billion, topping consensus forecasts for €74  ( 23 min )

(Bloomberg) -- Rio Tinto Group reported a drop in first-half profit and cut its dividend again as China’s economic slowdown continues to dampen earnings for the world’s biggest mining companies. Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley SaysTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s  ( 7 min )

Iron ore accounts for 70% of Rio Tinto's profits and its prices could improve going forward as Beijing has pledged to roll out more policies to boost growth after the world's second-largest economy struggled with an uneven recovery in the first half. Average realised prices for Pilbara iron ore slipped to $98.6 per wet metric tonne (wmt) in the first half, 11.1% below last year. The world's largest iron ore producer reported underlying earnings of $5.7 billion for the six months ended June 30, lower than last year's $8.63 billion and a consensus of $5.85 billion, according to Visible Alpha.  ( 7 min )

If you've been hiding out in cash, consider adjusting your portfolio.  ( 26 min )

TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault's new electric vehicle unit, the automakers said on Wednesday, as they finalised terms of their restructured partnership after months of negotiation clouded by tension. Talks between the two had dragged on months longer than expected, Reuters has reported, due in part to Nissan's concern about protecting its intellectual property in future collaborations.  ( 40 min )

The now-dead pedophile's massive cash withdrawals rang alarm bells at JPMorgan, but he was also one of the bank's most important clients.  ( 10 min )

FRANKFURT (Reuters) -Deutsche Bank posted on Wednesday a 27% fall in second-quarter profit as investment banking revenues slumped, but the drop was lower than expected as higher interest rates fuelled gains at the retail division. Net profit attributable to shareholders was 763 million euros ($843.04 million), down from 1.046 billion euros a year earlier but better than analyst expectations for profit of around 571 million euros. The German lender downgraded its outlook for the investment bank, saying it now expected revenues to be slightly lower in 2023, compared to a previous forecast for flat revenue.  ( 7 min )

The Street sees strong trends in Meta's ad business. But the focus will be on what the company plans to do in AI.  ( 26 min )

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Governments sanction some monopolies, such as monopolies over public utilities, and these monopolies are good for the public interest.  ( 20 min )

Learn how covariance is used to reduce risk in modern portfolio theory, how covariance is calculated and how it is used to provide portfolio diversification.  ( 19 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )

An environment where interest rates are rising can offer opportunities within the equity space. These are the sectors that tend to benefit from rising rates.  ( 26 min )

Student debt refers to loans used to pay for college tuition and repaid after the student graduates or leaves school.  ( 23 min )

The S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation.  ( 17 min )

Dow nearly gives up a 170-point intraday trading gain before finishing in the green for the 13th straight session.  ( 17 min )

TI shares lost ground after the semiconductor maker warned a slump in demand would impact current quarter results.  ( 16 min )

Amazon's Generative AI service is intended to save doctors' time spent on healthcare documentation.  ( 17 min )

It takes a good credit score to get favorable mortgage rates, but how you pay a mortgage will shape your score. Just having one can lower it at first.  ( 22 min )

Boeing was the best-performing stock in the Dow after the plane maker reported a lower-than-expected quarterly loss and a big jump in aircraft deliveries.  ( 16 min )

Interest rates have gone up yet again, putting more pressure on borrowers who are already paying nearly $700 a month more for typical loans than when the Fed’s anti-inflation battle began.  ( 20 min )

The SEC enhanced rules Wednesday that will impact trading platforms such as Robinhood (HOOD) that use predictive analytics to encourage trading. The move comes nearly two and a half years after 'gamification of trading' helped fuel the meme stock frenzy.  ( 18 min )

Homo economicus is a financial term that refers to the belief that a human is a rational person who makes economic decisions that are always in their own self-interest.  ( 21 min )

Real estate valuation helps you choose better investments. Learn what capitalization rate means and techniques for valuing real estate.  ( 30 min )

An apportionment is the allocation of a loss between all of the insurance companies that insure a piece of property. It's used to determine a percentage of liability for each insurer.  ( 21 min )

With the economy’s inflation fever showing signs of breaking, the Fed is administering more of its tough medicine.  ( 17 min )

The best CDs are already paying record rates, but today's Fed rate hike could nudge them higher still. Here's what to expect for CD rates going forward.  ( 17 min )

New home sales dropped 2.5% from May but were up 23.8% year-over-year.  ( 17 min )

Learn more about the impact of supply and demand in an economy. Find out why companies study supply and demand as part of market research.  ( 22 min )

Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.  ( 20 min )

With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 21 min )

Snap shares sank as the owner of the Snapchat app warned about current-quarter revenue amid a slump in ad demand.  ( 16 min )

Retirement planning is tricky, especially if you don't have a 401(k). Good news: There are plenty of other ways to save, including through a Roth IRA or a brokerage account.  ( 24 min )

Learn when mutual funds update their price or net asset value (NAV) and why this is different for open-end mutual funds versus closed-end funds.  ( 19 min )

U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.  ( 16 min )

The automotive maker's sales grew 6% after seven quarters of year-over-year declines.  ( 17 min )

Rates on 30-year mortgages rose for a second day, raising the flagship average within the lower-7% range seen over the past two weeks. Most other averages moved up as well.  ( 20 min )

The global beverage giant sees increased 2023 profit and revenue on higher prices, as global case volume stays flat.  ( 17 min )

A 5/6 hybrid adjustable-rate mortgage (ARM) has an initial fixed interest rate for five years, then adjusts every six months.  ( 20 min )

Robert Half shares dropped after its earnings and revenue missed analysts' estimates as clients cut back on hiring because of macroeconomic uncertainty.  ( 16 min )

A balloon mortgage is a loan with low initial payments but requires the borrower to repay the balance in full in a lump sum.  ( 21 min )

Before taking out a personal loan, you should pre-qualify with several lenders to find the best possible rates. We’ll show you how to pre-qualify for loans and compare your options.  ( 23 min )

Learn the steps you need to take to compare lenders, qualify, and get the best rates and terms with an auto equity loan.  ( 25 min )

AT&T (T), America's biggest telecom company by revenue, reported robust second-quarter earnings as its cost-cutting plan paid off, amid an ongoing 5G rollout and stronger than expected subscriber gains.  ( 19 min )

Discover why gross national income may be a better economic metric than gross domestic product when a country receives substantial income from foreign sources.  ( 21 min )

There’s no shame in having medical debt that you can't pay. Here's how to get help.  ( 26 min )

Variable universal life (VUL) insurance is a permanent life insurance policy with a savings component in which cash value can be invested.  ( 24 min )

ADRs of Alibaba and Meta shares rose after the Chinese company said the American tech giant's AI model can be used by enterprise clients of Alibaba Cloud.  ( 16 min )

Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-stock deal.  ( 17 min )

There is no limit to the number of times you can refinance a car loan, so you could refinance as many times as you like. Here's how to know if it makes financial sense.  ( 22 min )

Currencies can provide diversification for a portfolio that's in a rut. Find out which ones you need to know.  ( 32 min )

Microsoft shares lost some of the recent momentum generated by its push for artificial intelligence (AI) as the company's fourth quarter earnings report highlighted a slowdown in its Azure cloud and Windows PC businesses.  ( 18 min )

The Federal Reserve is expected to hike interest rates to their highest levels in 22 years and Microsoft shares fell after its forward guidance didn’t meet analyst expectations. Here’s what investors need to know today.  ( 18 min )

A pick up in advertising revenue in the second quarter for search and YouTube, helped parent Alphabet Inc. beat analyst estimates after weak ad spending driven by macroeconomic concerns dragged earnings in prior quarters.  ( 18 min )

Visa's Q3 profit rose 22% year-over-year as consumers continue to spend, especially on travel. However, shares traded slightly in the red after-hours as profit rose over the previous quarter at the slowest pace since 2021.  ( 18 min )

Mortgage interest is not deductible in Canada, but this strategy could allow you to get the financial benefit anyway.  ( 24 min )

Dow nearly gives up a 170-point intraday trading gain before finishing in the green for the 13th straight session.  ( 1 min )

The S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation.  ( 1 min )

U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.  ( 1 min )

The Federal Reserve is expected to hike interest rates to their highest levels in 22 years and Microsoft shares fell after its forward guidance didn’t meet analyst expectations. Here’s what investors need to know today.  ( 1 min )

Het Openbaar Ministerie (OM) is een strafrechtelijk onderzoek gestart naar Heineken. Dat bevestigt een woordvoerder aan het ANP na eerdere berichtgeving van het AD. De bierbrouwer zou blikjes zonder statiegeld hebben gebruikt toen dat al niet meer mocht.  ( 3 min )

De Federal Reserve, het Amerikaanse stelsel van centrale banken, heeft de rente voor de elfde keer op rij verhoogd. Er komt een kwart procentpunt, of 25 basispunten, bij. De belangrijkste rentestand komt daarmee op het hoogste punt in 22 jaar.  ( 3 min )

Coca-Cola heeft in het tweede kwartaal een derde meer winst gemaakt dan in dezelfde periode vorig jaar. Dat komt vooral doordat de frisdrankproducent de prijzen heeft verhoogd.  ( 3 min )

Twitter verandert in X. Het officiële account van het sociale netwerk heet inmiddels al X. De vorige eigenaar van @X moest zijn profiel afstaan. "Ze hebben het me in principe gewoon afgenomen", zegt hij tegen de Britse krant The Telegraph.  ( 4 min )

De inkomsten van LVMH, het bedrijf achter luxemerken als Louis Vuitton en Tiffany's, stegen in het eerste half jaar met 15 procent. Vooral in Europa en Azië liepen de verkopen flink op.  ( 3 min )

Logius heeft in juni 3.154 actieve DigiD-accounts van Nederlandse burgers verwijderd. Dat deed de overheidsinstantie, omdat de accounts werden aangeboden op de criminele handelswebsite Genesis Market.  ( 3 min )

Nu de prijzen van tomaten in India met 500 procent zijn gestegen, grijpen mensen daar massaal naar de tomatenpuree. In de Indiase keuken blijft de verse tomaat steeds vaker achterwege.  ( 3 min )

Samsung kondigde dinsdag twee nieuwe vouwtelefoons aan: de Galaxy Z Flip 5 en de Galaxy Z Fold 5. Hoewel de wowfactor minder wordt, ziet het Zuid-Koreaanse merk nog een grote toekomst weggelegd voor opvouwbare telefoons.  ( 6 min )

De inkomsten van LVMH, het bedrijf achter luxemerken als Louis Vuitton en Tiffany's, stegen in het eerste half jaar met 15 procent. Vooral in Europa en Azië liepen de verkopen flink op.  ( 3 min )

Autobedrijven laten ronkende verkoopcijfers zien over het eerste half jaar van 2023. Maar een deel van de verkochte auto's is eigenlijk vorig jaar al besteld. De orderboeken van Nederlandse autodealers zijn nu leger dan vorig jaar.  ( 5 min )

Just Eat Takeaway, het moederbedrijf van Thuisbezorgd, verkocht in de eerste zes maanden van dit jaar 12 procent minder maaltijden. Begin vorig jaar gingen extra veel maaltijden over de toonbank, omdat toen nog lockdowns van kracht waren.  ( 3 min )

Meta moet in Australië een boete van 20 miljoen dollar betalen. Het bedrijf verzamelde persoonlijke gegevens van mensen die een VPN-app gebruikten, waarmee hun privacy juist beter beschermd moest worden.  ( 3 min )

Het Franse yoghurtjesbedrijf Danone neemt voor nu afscheid van haar bezittingen in Rusland. De bestuursleden en de CEO zijn inmiddels allemaal vervangen, zonder inspraak of toestemming van Danone zelf.  ( 3 min )

Alphabet, het moederbedrijf van Google, boekte meer winst in het tweede kwartaal dan een jaar eerder. Microsoft zag de winst zelfs stijgen met 20 procent. Dat hebben de concurrenten onder meer te danken aan de opbrengst van hun clouddiensten.  ( 4 min )

De online winkel Pieter Pot heeft klanten gevraagd om extra geld op hun accounts te zetten. Dat moet leveranciers weer het vertrouwen geven om de schappen van de verpakkingsvrije winkel te vullen. Een ludieke actie of een laatste noodgreep?  ( 6 min )

Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-stock deal.  ( 1 min )

South Korea's SK Hynix posted a quarterly operating loss on Wednesday as overall memory chip prices remained low due to weak demand. The world's second-biggest memory chipmaker reported a 2.9 trillion won ($2.28 billion) operating loss in the April-June quarter, from 4.2 trillion won profit a year earlier. This compared with expectations for a 2.7 trillion won operating loss, according to 22 analyst views compiled by Refinitiv SmartEstimate, weighted toward analysts that are more consistently accurate.  ( 39 min )

The US Virgin Islands included the detail in a new filing for a lawsuit alleging JPMorgan knew for years that Epstein was trafficking girls for sex.  ( 6 min )

Everything around us is being electrified, but where Tesla may be the standard in electric cars, there are a couple of competitors that are rapidly gaining market share  ( 16 min )

(Bloomberg) -- Texas Instruments Inc., the biggest maker of analog semiconductors, gave a lukewarm earnings forecast for the current period, indicating that a slump in demand for key types of electronics is dragging on.Most Read from Bloomberg‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaChina Replaces Foreign Minister After Mysterious AbsenceTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s Axing Twitter Name, Iconic Bird LogoWho Wants to Keep Hi  ( 7 min )

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Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash. Excluding that one-time cost, Visa's adjusted profits rose 7% from a year earlier. Visa said its payments volume rose 9% from a year earlier, while the number of processed transactions on Visa's network increased 10% from a year earlier.  ( 7 min )

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(Bloomberg) -- New errors with RTX Corp.’s Pratt & Whitney jet engines pushed the aviation and defense giant from its perch as the world’s most valuable aerospace company on Tuesday, losing $15 billion in market capitalization over the course of the trading day. Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueRolex, Patek Prices to Keep Falling  ( 7 min )

There have been abundant returns for investors this year as the markets have staged a remarkable comeback following 2022’s rout. But with both the S&P 500, and particularly the NASDAQ, delivering excellent returns, the big hitters have been responsible for much of the market gains. Raymond James CIO Larry Adam summed it up, saying, “Narrow leadership has been a key theme in the positive performance year-to-date, with mega-cap tech the main driver of the market’s performance… In our 3Q Outlook, w  ( 10 min )

Singapore sovereign wealth fund GIC, one of the world's biggest investors, plans to continue investing in China despite geo-political tensions after chalking up its best showing in eight years in the financial year ended March. Its group chief investment officer Jeffrey Jaensubhakij told Reuters GIC was keen to invest in Chinese companies that do business within China and do not export to the United States. "There are some 'China for China' type of investments that still make sense," he said.  ( 39 min )

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Shares of iRobot tumbled on Tuesday after Amazon said it would lower its purchase price of the home robot maker, which the tech giant bought for $1.7 billion last August in an effort to expand its offerings of smart devices.  ( 18 min )

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The deal, if reached, would end the independence of a regional lender that came under intense scrutiny following the downfall of Silicon Valley Bank.  ( 9 min )

The new CEO of the #Scottsdale company has 17 years of experience in the firearms and ammunition sector. #phoenix $POWW  ( 15 min )

Porat will remain CFO while the company searches for and selects her successor.  ( 7 min )

The telecommunications company is expected to report second-quarter earnings of 60 cents a share on revenue of $29.96 billion.  ( 26 min )

Analysts are expecting a per-share loss of 88 cents from sales of $18.5 billion. But estimates are wide, from a loss of almost 1.30 to a loss of 35 cents.  ( 26 min )

Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share. CEO Satya Nadella said the company remains focused on “leading the new AI platform shift.” Microsoft was an early mover in this year's hype around “generative AI” tools that can help people write documents and create new images and other media.  ( 8 min )

The company kicks off the profit-reporting season for the U.S. chip-manufacturing industry.  ( 26 min )

Shares of RTX, formerly Raytheon, plunged as the company revealed it is dealing with a defective engine part.  ( 17 min )

Microsoft reported fourth quarter results on Tuesday with investors focused on cloud growth, AI, and any updates on the pending acquisition of Activision Blizzard.  ( 8 min )

The billionaire investor Leon Black was sued on Tuesday by an autistic woman who says he raped her in the disgraced financier Jeffrey Epstein's mansion in Manhattan in 2002, when she was 16. In a complaint filed in Manhattan federal court, the woman, using the pseudonym Jane Doe, said that as she was preparing to give Black a massage, Black pinned her down and penetrated her with sex toys, causing her to bleed. She said Epstein later found her crying, but refused to let her see a doctor and said longtime associate Ghislaine Maxwell would take care of her.  ( 6 min )

Microsoft reported fourth quarter results on Tuesday with investors focused on cloud growth, AI, and any updates on the pending acquisition of Activision Blizzard.  ( 8 min )

Google-parent Alphabet's second-quarter revenue exceeded Wall Street expectations on Tuesday, helped by steady demand for its cloud services and a rebound in advertising. Revenue for the quarter ended June 30 stood at $74.6 billion, compared with estimates of $72.82 billion, according to Refinitiv data.  ( 6 min )

The deal, if reached, would end the independence of a regional lender that came under intense scrutiny following the downfall of Silicon Valley Bank.  ( 7 min )

In the land of the bears, Tom Lee is the bull that had a 2023 stampede. “Corporate resilience” should never be counted out, he told CNBC.  ( 8 min )

The S&P 500 is rising partly because investors think the Fed is nearly finished increasing interest rates to rein in rising prices.  ( 26 min )

A Houston-based company's refinery — which was purchased from Shell last year — has exceeded expectations despite supply disruption.  ( 10 min )

Will this pair of Hollywood strikes ever end? It looks like the big corporations are digging in for a long battle, illustrated by Netflix’s recent job posting for a machine learning platform product manager. The position pays a $900,000 annual salary at a time when most actors make around $200 a day, according to the pre-existing SAG-AFTRA contract.  ( 39 min )

Ballmer joined Microsoft as its 30th employee, but thanks to his equity stake and the AI boom, he now ranks as the world's sixth-wealthiest person.  ( 7 min )

Generative AI capabilities can create long-term monetization opportunities for the company, New Street Research says.  ( 26 min )

Hundreds of Facebook users blasted the home improvement retailer for firing 13-year employee Donna Hansbrough.  ( 6 min )

Shares of PacWest fell shortly after The Wall Street Journal reported that Banc of California is in advanced talks to buy the lender. The move comes as the two lenders work to shore themselves up follow  ( 21 min )

The move by the lenders would aim to further shore themselves up following a regional-banking crisis earlier this year.  ( 28 min )

A JPMorgan analysis shows most companies are beating earnings so far. Their stock reactions haven't been overwhelmingly positive.  ( 8 min )

A JPMorgan analysis shows most companies are beating earnings so far. Their stock reactions haven't been overwhelmingly positive.  ( 8 min )

Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could choke the current rally in broader markets. At a time when the wider rally has made some stocks, especially in the tech space, too expensive, the return of meme stocks is offering retail investors a more affordable option to participate in 2023's market rebound and pocket big returns. Roundhill's Meme index hit a one-year high last week and was last up 60% for 2023 so far, dwarfing gains of more than 18% recorded by the benchmark S&P 500.  ( 8 min )

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I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.  ( 8 min )

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Arlington defense giant RTX reported strong second-quarter earnings Tuesday but the results were overshadowed by the disclosure of a manufacturing defect that could reduce the lifespan of its Pratt & Whitney jet engines.  ( 11 min )

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The five-year labor deal would prevent strike by roughly 330,000 package delivery drivers and package sorters.  ( 26 min )

Meta will report its Q2 2023 earnings on Wednesday after the bell.  ( 8 min )

The tentative deal averts what could have been the largest strike against a single company in US history  ( 8 min )

The company has become a leader in generative AI technology thanks to its cloud infrastructure and relationship with OpenAI.  ( 33 min )

UPS has reached a contract agreement with its 340,000-person strong union Tuesday, averting a strike that had the potential to disrupt logistics nationwide for businesses and households alike. The Teamsters called the tentative agreement “historic” and “overwhelmingly lucrative.” It includes, among other benefits, higher wages and air conditioning in delivery trucks.  ( 6 min )

Regulators view Bitcoin and other proof-of-work cryptocurrencies as commodities. But mining firms can still trip over securities regulations if they’re not careful. This story is part of CoinDesk's Mining Week.  ( 41 min )

Spotify reported its second-quarter results Tuesday, but investors saw this show before. Last week, in fact. The music streaming giant reported a strong quarter of user growth—10 million ne  ( 23 min )

It’s been a red hot summer for travel and for airline stocks. But the inevitable turbulence has arrived in the slightly surprising form of Alaska Air’s earnings.  ( 26 min )

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Alphabet set to release earnings on Tuesday after Wall Street closes its trading day.  ( 11 min )

RTX, the aerospace and defense company formally known as Raytheon Technologies, was the S&P 500’s worst performer in Tuesday morning trading. RTX (ticker: RTX) [lowered its expectations for full-year free cash flow](https://www.barrons.com/articles/rtx-raytheon-stock-price-earnings-490af032?mod=md_  ( 10 min )

Disney downgraded, Meta Platforms upgraded: Wall Street's top analyst calls  ( 8 min )

(Bloomberg) -- Markets should brace for a deep US recession that warrants a dramatic one percentage-point interest-rate cut by the Federal Reserve, warned DoubleLine Capital’s Jeffrey Sherman.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record  ( 8 min )

Since the beginning of January, we’ve seen a steady rise in the stock markets. The NASDAQ is up 35% so far this year, and the S&P 500 has gained 19%. There has clearly been a shift in investor sentiment, away from last year’s bear market. The shift makes sense. The annualized rate of inflation peaked at 9.1% last June, fell to 6.5% by December, and has since fallen further. The June 2023 data showed annualized inflation at just 3%. Additionally, Goldman Sachs currently assesses the probability o  ( 10 min )

(Bloomberg) -- IRobot Corp. tumbled after Amazon.com Inc. lowered the price it’s paying for the Roomba maker to $51.75 per share from $61 per share.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitIRobot has entered into  ( 7 min )

The Federal Reserve is expected to raise interest rates for the 11th time at the end of its meeting Wednesday as it continues its fight against inflation.  ( 7 min )

Microsoft is set to report fourth quarter results on Tuesday with investors focused on cloud growth, AI and any updates on the pending acquisition of Activision Blizzard.  ( 8 min )

Passengers have returned to the airways en masse in 2023, which has led to strong performance in airline stocks. It looks like Tuesday’s trading will be a bumpier ride. Alaska Air Group said Tuesday morning it  ( 22 min )

If $1 million was once the consensus target for retirement savings in the U.S., that appears to be changing. A recent Schwab Retirement Plan Services survey found that 401(k) plan participants across the country now believe they must save $1.9 … Continue reading → The post 401(k) Plan Participants Say They Need to Save This Much to Retire appeared first on SmartAsset Blog.  ( 8 min )

Is it possible to earn a paycheck while sitting on the couch watching television? Absolutely, but it takes a bit of work beforehand to set things in motion. By developing online assets, investments and interest payments, you can put your … Continue reading → The post How to Make $1,000 a Month in Passive Income appeared first on SmartAsset Blog.  ( 12 min )

If you have enough money in the bank to last the rest of your life, you can retire. If you don't, you can't. It's as simple as that, although, of course, nothing about retirement is actually simple. Planning out your retirement means making educated guesses about issues well outside your control, from how the market […] The post How Long Will $8 Million Last in Retirement? appeared first on SmartReads by SmartAsset.  ( 10 min )

For a married couple approaching retirement, few things carry more significance than knowing how much income they’ll need to maintain financial stability and live comfortably after they stop working. Budgeting for retirement involves estimating your post-retirement income and calculating your essential and discretionary expenses. This approach helps you to avoid financial pitfalls and increases the […] The post What Is a Good Monthly Retirement Income for a Couple? appeared first on SmartReads b  ( 9 min )

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"We're bouncing along the bottom of a global industrial slowdown," CFO Howard Ungerleider tells Barron's.  ( 26 min )

The music streaming platform's losses widened in the second-quarter as it incurred higher music royalty costs, and felt the impact of podcast cuts.  ( 26 min )

Musk spent $44 billion to buy access to Twitter's installed user base, but he may now find it difficult to protect his investment from commercial theft.  ( 8 min )

The X-ray and ultrasound machine maker managed to keep its costs in check while also seeing an improvement in production and pricing due to availability of electronic components, an issue it had been grappling with along with other industries. GE HealthCare's cost of products rose nearly 9% in the second quarter from a year ago, compared to a faster 11% growth in sales. Johnson & Johnson and Abbott Laboratories, which make medical devices like heart stents and implants, surpassed quarterly profit estimates last week as patients underwent their delayed procedures.  ( 7 min )

Strategists at JP Morgan give increasingly bullish investors something to consider.  ( 8 min )

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The manufacturer reported a profit of 68 cents a share. while Wall Street was looking for 46 cents. It's the kind of news needed to keep the stock rising.  ( 26 min )

NextEra Energy Inc second-quarter profit beat Wall Street estimates on Tuesday, helped by strength in the company's renewable energy unit. Countries have been embracing renewable power in the wake of climate change concerns and global energy uncertainty due to the Russia-Ukraine conflict, with NextEra, the world's largest producer of wind and solar energy, being a major beneficiary. The company's regulated utilities business, Florida Power & Light, added 66,000 more customers year-on-year, boosting its top line while its clean energy unit, NextEra Energy Resources, added 1,665 megawatts of new renewables and storage projects in the second quarter.  ( 6 min )

The manufacturer cites strong orders for jet engines and wind turbines.  ( 26 min )

RTX cuts full-year expectations for free cash flow because of an issue with Pratt & Whitney engines.  ( 26 min )

The chemicals company beat Wall Street expectations but the outlook is disheartening.  ( 26 min )

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The company raised its earnings expectations for the year despite swinging to a quarterly loss.  ( 26 min )

Despite mass mandates for workers to return to the old way of working—in an office from 9 a.m. to 5 p.m.—bosses aren’t having any luck keeping bums on seats until end of play.  ( 7 min )

Verizon Communications on Tuesday posted a surprise rise in wireless subscriber additions as more users upgraded their mobile phones to access its super-fast 5G network in a highly competitive market. The carrier has been trying to aggressively build out its 5G network in the United States, in hopes that it would give it an edge over cheaper offerings from rival telecom players such as T-Mobile. Verizon, whose plans typically cost more than its peers, added 8,000 net monthly bill-paying wireless phone subscribers in the second quarter, compared with estimates for a loss of 11,000, according to analysts polled by Factset.  ( 7 min )

Investors have pinned their hopes on Leqembi, which Biogen sells with Eisai, to power growth as money spinner multiple sclerosis and spinal muscular atrophy (SMA) treatments face fierce competition from cheaper versions and rival drugs. "Biogen's business is in transition," CEO Christopher Viehbacher said in a statement. The company had said in April it would pause or discontinue at least four studies of experimental drugs to focus on more lucrative options including the Leqembi launch and trim costs.  ( 7 min )

Verizon, whose plans typically cost more than its peers, added 8,000 net monthly bill-paying wireless phone subscribers in the second quarter, compared with estimates for a loss of 11,000, according to analysts polled by Factset. Its results come as the sector is rattled by a Wall Street Journal report on July 9 that the company and AT&T were among several telecom operators that abandoned a sprawling network of lead-clad cables, which might have contaminated water and soil. Verizon's total revenue fell 3.5% to $32.6 billion in the quarter ended June 30, missing analysts' estimates of $33.24 billion, according to Refinitiv data.  ( 6 min )

Wall Street is expecting General Motors to post another big quarter on Tuesday and provide updates on its electric vehicle schedule.  ( 8 min )

A plan to tax high-income, older Americans' catch-up 401(k) contributions is set to launch in January, but a myriad of issues could force a delay.  ( 8 min )

General Electric Co on Tuesday raised its full-year adjusted profit forecast, betting on steady demand for aircraft engine spare parts and services from airlines looking to cash in on surging air travel. The Boston, Massachusetts-based company now expects 2023 adjusted profit per share of $2.10 to $2.30, compared with its previous forecast of $1.70 to $2.00. A faster-than-expected recovery in aviation from the pandemic lows has lifted results of engine makers as shortages of commercial planes have forced airlines to use old jets for longer, boosting demand for lucrative aftermarket services.  ( 7 min )

Spotify reported second-quarter earnings before the bell on Tuesday. Here's what to know.  ( 9 min )

Shares of cloud security company F5 surge on better-than-expected earnings. Logitech raises guidance, and Cadence Design stock falls even after an improved outlook. Earnings reports are expected Tuesday from General Electric, General Motors, Microsoft, and Alphabet.  ( 26 min )

(Bloomberg) -- Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector cranked out record earnings in 2022. But instead of selling out for a huge profit this year, the Oracle of Omaha wants more. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is  ( 9 min )

🔎 General Electric (GE): The industrial conglomerate is among the companies scheduled to report earnings ahead of the opening bell, along with General Motors (GM), [Raytheon (RTX)](https://www.  ( 22 min )

(Bloomberg) -- The Federal Reserve is reaching a pivotal moment in its fight against inflation. After more than a year of solid agreement that higher interest rates were needed, differences among policymakers have started to deepen as they weigh when to stop hiking and how long to keep rates elevated.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Econom  ( 9 min )

The Street forecasts the Google parent had earnings of $1.34 a share on sales of $72.86 billion.  ( 26 min )

Unilever on Tuesday reported better-than-expected underlying quarterly sales as the maker of Dove soap and Ben & Jerry's ice cream again raised prices to make up for higher costs. The British company reported a 7.9% rise in underlying sales, beating analysts' average forecast of a 6.4% increase, a company-provided consensus showed.  ( 6 min )

Shares of the software giant are up 44% so far this year, recently setting a record high.  ( 26 min )

With the S&P 500 about 10% higher than where it stood in February, corporate insiders are behaving as though they believe the market’s upside potential is largely exhausted.  ( 26 min )

The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase over the bank's ties to former client Jeffrey Epstein, including executives discussing how the disgraced late financier surrounded himself with "nymphettes." JPMorgan countered that the U.S. Virgin Islands was also to blame for allowing Epstein's sexual abuse of young women and teenage girls, saying the territory used its powers to enable these crimes. The bank accused the territory of facilitating visas that allowed Epstein to bring victims, and of "looking the other way" whenever Epstein arrived at local airports accompanied by young women and girls.  ( 7 min )

(Bloomberg) -- Chinese stocks and the yuan rose sharply after Beijing signaled fresh support for the struggling economy, including further easing of policy curbs in the troubled property sector. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Reco  ( 6 min )

SHANGHAI/BEIJING (Reuters) -China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with direct knowledge of the matter said, moves aimed at supporting the Chinese currency. The dollar sales come after China's top leaders pledged on Monday to step up policy support for the economy amid a tortuous post-COVID-19 recovery, focusing on boosting domestic demand and signalling more stimulus steps. Policymakers also said China will keep the yuan exchange rate basically stable at reasonable and balanced levels, and vowed to invigorate the capital market and restore investor confidence.  ( 6 min )

Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft already have intellectual property rights to the same letter. X is so widely used and cited in trademarks that it is a candidate for legal challenges - and the company formerly known as Twitter could face its own issues defending its X brand in the future. "There's a 100% chance that Twitter is going to get sued over this by somebody," said trademark attorney Josh Gerben, who said he counted nearly 900 active U.S. trademark registrations that already cover the letter X in a wide range of industries.  ( 7 min )

(Bloomberg) -- Chinese stocks are set to advance Tuesday after US-listed shares of mainland companies recorded their biggest one-day gain since early February, spurred by vows from Beijing of further support for the nation’s struggling economy.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of  ( 9 min )

The information sector, which is made up of tech and media companies, was hit the hardest by layoffs over the past year, according to an analysis by Investopedia. Despite the disproportionate impact on tech and media, layoffs remain at historic lows across other industries.  ( 20 min )

When stocks are stagnant and fixed-income yields are crumbling, RCNs can benefit investors.  ( 21 min )

Simply put, realized profits are gains that have been converted into cash.  ( 23 min )

See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track CD rates daily from more than 200 banks and credit unions.  ( 20 min )

Find out how to generate interest in your house, stand out from the competition, and sell a house quickly in a slow market.  ( 25 min )

A 15-year mortgage costs you less since the total interest paid is less than a 30-year, but there are both pros and cons to a 15-year loan.  ( 26 min )

If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account offers a modest APY and unique perks worth considering.  ( 22 min )

If you are upgrading your home, here are factors to consider so you don't spend more money than you need to.  ( 25 min )

The state of the U.S. economy has economists divided, so much so that some see a recession as unavoidable while others consider it virtually impossible.  ( 21 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )

Shares of iRobot tumbled on Tuesday after Amazon said it would lower its purchase price of the home robot maker, which the tech giant bought for $1.7 billion last August in an effort to expand its offerings of smart devices.  ( 18 min )

U.S. markets continued their rally, with the S&P 500 up 0.3% on Tuesday, July 25, 2023, on the strength of corporate earnings reports.  ( 16 min )

3M posted a loss because of "forever chemical" charges, but its adjusted earnings beat forecasts as the firm streamlined operations.  ( 16 min )

Shares of RTX, formerly Raytheon, plunged as the company revealed it is dealing with a defective engine part.  ( 17 min )

Interactive Brokers expanded its overnight trading offerings to include more than 10,000 US stocks and ETFs, one of the widest offerings available to investors.  ( 17 min )

Personal loan rates eased slightly this week to 20.55%, dropping a single basis point since last week when the average personal loan rate sat at 20.56%.  ( 18 min )

The XLF or Financial Select Sector SPDR Fund seeks to track the S&P Financial Select Sector Index.  ( 20 min )

The deal between UPS and the union, which represents 330,000 of its U.S. workers averts a possible strike Aug. 1, when the current agreement between the two parties expires.  ( 17 min )

Take a brief look at some of the major arguments for and against balancing the budget and high debt levels for the U.S., the largest debtor in the world.  ( 23 min )

A retirement budget helps you manage your money after you stop working. In this article, you will learn how to successfully budget for each stage of retirement.  ( 28 min )

Underwriting risk is a term for the risk of loss from underwriting activity, and greatly affects the profits that an insurance company can earn.  ( 18 min )

Private equity (PE) firms have gained a great amount of influence in today's financial marketplace. Check out what they are and how they operate.  ( 29 min )

Should you get a 30-year mortgage? A 15-year one? This mortgage amortization strategy guide helps you decide which mortgage is the best fit.  ( 25 min )

Credit reports containing information belonging to someone else was the most common complaint, with improper use of credit reports being another top issue.  ( 17 min )

General Motors (GM) posted better-than-expected results and raised its outlook again, but concerns about the carmaker’s cost cutting and electric vehicle (EV) production sent shares lower.  ( 17 min )

In the wake of this year's banking crisis, the FDIC is pressing banks to fix the way they report uninsured deposits, or those that exceed the agency's $250,000 insurance limit.  ( 18 min )

Learn about investing in Africa. Our guide covers the best ways to invest in Africa, including stocks, ETFs, mutual funds, ADRs, and real estate.  ( 25 min )

U.S. home prices rose in May for the fourth month in a row, according to the S&P CoreLogic Case-Shiller National Home Price Index.  ( 17 min )

Reconciliation is an accounting procedure that compares two sets of records to check that the figures are correct and in agreement.  ( 24 min )

An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity.  ( 22 min )

A baby boomer is a person born between 1946 and 1964, part of a large generation that continues to have a significant impact on the economy.  ( 27 min )

Spotify Technologies added a record quarterly number of new users to its streaming music platform, but its loss, sales, and guidance came in worse than expected after its efforts to cut costs, and shares tumbled.  ( 17 min )

Signum (SIGNA), formerly Burstcoin (BURST), is a cryptocurrency that supports smart contracts and digital assets and uses an energy-efficient proof-of-capacity mining algorithm.  ( 20 min )

Apple is facing a $1 billion lawsuit in the UK for charging 15% to 30% in fees on sales made through its iOS App Store.  ( 17 min )

The U.S. equities rally continued at midday on Tuesday, July 25, 2023, after more positive earnings news.  ( 16 min )

The TMX Group is a large Toronto-based financial services company that operates Canadian exchanges and services dealing in multiple asset classes.  ( 20 min )

Shares of Unilever PLC (UL) were up almost 5% on Tuesday morning following a second-quarter earnings beat by the consumer goods giant.  ( 17 min )

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion package of emergency assistance approved in 2020 in response to COVID-19.  ( 33 min )

Origination is the process of creating a home loan or mortgage. It involves numerous steps and participants, and you can't get a mortgage without it.  ( 23 min )

Strong subscriber growth amid a successful 5G rollout propelled better-than-expected earnings at Verizon (VZ), even as profits fell from the year-ago quarter.  ( 17 min )

Active-duty members of the military, the National Guard, and reservists are eligible for financial assistance for education. So are their spouses.  ( 22 min )

Learn the basics of how RBOB gasoline is traded, including the specifications for the RBOB futures contract. Discover what impacts the price of RBOB.  ( 21 min )

General Electric raised its full-year guidance for earnings and revenue after reporting a 37% year-over-year increase in profit.  ( 17 min )

Mortgage rates continue to yo-yo above 7%, with the 30-year average inching a few points higher Monday. Most other averages also gained slightly or held steady.  ( 20 min )

The decline in rents may be the start of a trend, according to Realtor.com.  ( 17 min )

Filling out forms to apply for financial aid for college can be daunting, and divorce can make it even more complicated. Here’s what you need to know.  ( 26 min )

Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 20 min )

See how the rate of interest in an economy helps coordinate savings, lending, and investing.  ( 21 min )

GM shares climb as the automaker raises its guidance and cuts costs, while shares of Spotify advance after reporting a growing user base and raising prices on its services. Here’s what investors need to know today.  ( 18 min )

Central banks conduct monetary policy, which includes setting interest rates, managing the money supply, and regulating financial markets.  ( 26 min )

Take a deeper look at the nature of supply shocks, an economic phenomenon that dramatically changes the equilibrium level of production.  ( 23 min )

A derivatives transaction execution facility (DTEF) focuses on derivative transactions with underlying assets of excluded commodities or assets.  ( 21 min )

Owner financing involves a seller financing the purchase directly with the buyer. It can offer advantages to both parties.  ( 25 min )

Financial inclusion is the effort to make financial products and services available and affordable to all individuals and businesses.  ( 25 min )

You lose any remaining funds in your flexible savings account at the end of the year. Here is a list of what you can buy with the cash.  ( 22 min )

Shares of RTX, formerly Raytheon, plunged as the company revealed it is dealing with a defective engine part.  ( 1 min )

Interactive Brokers expanded its overnight trading offerings to include more than 10,000 US stocks and ETFs, one of the widest offerings available to investors.  ( 1 min )

The deal between UPS and the union, which represents 330,000 of its U.S. workers averts a possible strike Aug. 1, when the current agreement between the two parties expires.  ( 1 min )

Shares of iRobot tumbled on Tuesday after Amazon said it would lower its purchase price of the home robot maker, which the tech giant bought for $1.7 billion last August in an effort to expand its offerings of smart devices.  ( 1 min )

Apple is facing a $1 billion lawsuit in the UK for charging 15% to 30% in fees on sales made through its iOS App Store.  ( 1 min )

General Electric raised its full-year guidance for earnings and revenue after reporting a 37% year-over-year increase in profit.  ( 1 min )

The U.S. equities rally continued at midday on Tuesday, July 25, 2023, after more positive earnings news.  ( 1 min )

GM shares climb as the automaker raises its guidance and cuts costs, while shares of Spotify advance after reporting a growing user base and raising prices on its services. Here’s what investors need to know today.  ( 1 min )

VanMoof-fietsers die hun fiets ter reparatie nog bij de winkel hadden staan toen die dichtging, kunnen hun rijwiel in de komende weken ophalen. Tot 18 augustus kunnen ze een afspraak maken voor het ophalen van hun waarschijnlijk nog steeds kapotte fiets.  ( 4 min )

Halsoverkop naar huis vanaf je vakantieadres: het overkomt Nederlanders in het zuiden van Europa op dit moment. NU.nl sprak met experts over wat je kunt doen en waar je recht op hebt als je week aan het strand wordt afgekapt.  ( 5 min )

Halsoverkop naar huis vanaf je vakantieadres: het overkomt Nederlanders in het zuiden van Europa op dit moment. NU.nl sprak met experts over wat je kunt doen en waar je recht op hebt als je week aan het strand wordt afgekapt.  ( 7 min )

De prijs van benzine zit al enige tijd weer in de lift. Een accijnsverhoging en duurdere olie spelen hierbij een belangrijke rol. Daardoor is de adviesprijs voor een liter benzine inmiddels opgelopen tot 2,16 euro.  ( 4 min )

Vliegmaatschappijen accepteren niet dat Schiphol mag krimpen. Een groot aantal maatschappijen gaat in cassatie tegen een uitspraak van de rechter die Schiphol toestaat om het aantal vluchten op de luchthaven flink te beperken.  ( 3 min )

Unilever weigert uit Rusland te vertrekken vanwege de oorlog in Oekraïne. Volgens topman Hein Schumacher is blijven "de minst slechte optie". Zo voorkomt het bedrijf achter Calvé, Magnum en Dove dat Rusland activiteiten van Unilever daar nationaliseert.  ( 3 min )

Geld lenen bij banken wordt steeds minder aantrekkelijk, merkt de Europese Centrale Bank (ECB). Banken zijn strenger en maken lenen duurder. En dat is precies de bedoeling van de reeks renteverhogingen van de ECB, die deze week een vervolg krijgt.  ( 5 min )

Het aantal mensen dat in de afgelopen drie maanden een Spotify Premium-abonnement afsloot, is flink gestegen. De muziekdienst heeft inmiddels ruim 220 miljoen betalende abonnees wereldwijd. Toch komt er binnenkort een prijsverhoging aan.  ( 4 min )

Levensmiddelenconcern Unilever heeft opnieuw geprofiteerd van de hogere prijzen voor zijn producten. Het bedrijf achter merken als Dove, Marmite, Knorr, Rexona en Magnum zag de omzet en winst in de eerste zes maanden van dit jaar stijgen.  ( 3 min )

De krapte op de arbeidsmarkt in ons land blijft zorgelijk. Ruim 3,3 miljoen werkenden hebben een beroep dat als zeer krap kan worden omschreven. Vooral in de techniek zijn bedrijven op zoek naar personeel.  ( 4 min )

Modegigant H&M heeft zijn concurrent Shein voor de rechter gesleept. De Zweedse retailer zegt dat zijn Chinese rivaal zonder toestemming kleding kopieert. H&M wil nu een schadevergoeding.  ( 3 min )

Levensmiddelenconcern Unilever heeft opnieuw geprofiteerd van de hogere prijzen voor zijn producten. Het bedrijf achter merken als Dove, Marmite, Knorr, Rexona en Magnum zag de omzet en winst in de eerste zes maanden van dit jaar stijgen.  ( 3 min )

Bedrijven zijn minder hard op zoek naar personeel. Uitzendconcern Randstad merkt dat er minder vraag is dan voorheen. Het bedrijf zag de omzet en de winst in het tweede kwartaal opnieuw dalen.  ( 3 min )

Steeds meer mensen weten hun weg te vinden naar de sportscholen van Basic-Fit. De fitnessketen zag het aantal abonnementen in de eerste zes maanden van dit jaar fors stijgen.  ( 3 min )

De politie zegt de grootste Nederlandse gebruiker van de criminele handelswebsite Genesis Market te hebben opgepakt. Met die aanhouding denken ze "een grote slag" in het onderzoek te hebben geslagen.  ( 3 min )

Betaald krijgen om stroom te gebruiken, tot voor kort was het ondenkbaar. Maar inmiddels duiken elektriciteitsprijzen vrijwel elk weekend in de min, wat vooral gunstig is voor wie een dynamisch energiecontract heeft. Worden prijzen onder nul voortaan normaal?  ( 4 min )

Betaald krijgen om stroom te gebruiken, tot voor kort was het ondenkbaar. Maar inmiddels duiken elektriciteitsprijzen vrijwel elk weekend in de min, wat vooral gunstig is voor wie een dynamisch energiecontract heeft. Worden prijzen onder nul voortaan normaal?  ( 4 min )

The Home Mortgage Disclosure Act (HMDA) is a federal law mandating lenders to maintain records on individual mortgages to help reveal whether they are complying with fair housing laws and meeting community needs.  ( 24 min )

There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 21 min )

If you've had a personal check lost or stolen, the best next step is to cancel the check by putting a stop payment order it.  ( 22 min )

Speaking at an event in New York City, FTC Chair Lina Khan addressed the agency’s recent setbacks in court, and suggested that its crackdown against big tech could continue.  ( 18 min )

Effective immediately, most unannounced visits from the IRS will halt, except in rare circumstances.  ( 17 min )

Identity theft isn't covered by the FDIC, so find out what steps you can take to prevent or report this type of consumer fraud.  ( 21 min )

Goldman Sachs and Morgan Stanley have distinct ways of doing business, with one focusing on high rewards and the other on caution.  ( 20 min )

U.S. equities gained after better-than-expected second quarter earnings reports, with the S&P 500 rising 0.4% on Monday, July 24, 2023.  ( 16 min )

Emerging markets like India are engines for future growth. Find out how you can participate.  ( 26 min )

Learn the most commonly selected periods used by traders and market analysts in creating moving averages to overlay as technical indicators on charts.  ( 23 min )

A swimming pool is enormous fun, but will it boost your home's sale price? Here are six home improvements that don't add the value that owners expect.  ( 27 min )

The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter-point on Wednesday, with the real question being what the central bank will do (or not do) to combat inflation for the rest of the year.  ( 18 min )

Identify subtle differences between two excellent investment opportunities, the Vanguard 500 Index Fund and the SPDR S&P 500 ETF.  ( 20 min )

Chevron shares rose after predicting second quarter earnings that beat analysts’ estimates on record production in the Permian Basin.  ( 16 min )

Indexed universal life insurance can help you build wealth and leave a death benefit to your loved ones. However, it has advantages and disadvantages to consider.  ( 27 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

The U.S. Federal Reserve has hit Swiss bank UBS with a $268.5 million fine over "misconduct" by its rival, Credit Suisse, before the two merged in March.  ( 17 min )

Spotify shares slid after announcing plans to raise prices for its premium subscription plans Monday.  ( 16 min )

Shares of Becton Dickinson rose to their highest level since 2020 after the FDA gave 501(k) clearance to Becton Dickinson's updated BD Alaris Infusion System.  ( 16 min )

A home equity loan is one way to pay off your credit card debt. It generally has a lower interest rate, but it can also put your home at risk.  ( 25 min )

Renters can help you cover your mortgage payments, but property location, price, and privacy are just a few of the things to consider when you buy a two-family home.  ( 24 min )

You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )

Among the costs of selling a home, you can expect to pay real estate agent commissions and closing fees plus capital gains taxes if their profit exceeds IRS exclusion limits.  ( 23 min )

More than half of CEOs globally are experimenting with generative AI, algorithms that can generate content using a set of inputs, a joint survey by Fortune and Deloitte found.  ( 18 min )

U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )

Overconfidence bias is a cognitive bias that can hurt investment returns by leading people to overestimate their knowledge and ignore relevant market information and feedback.  ( 25 min )

Carbon accounting, also known as greenhouse gas accounting, is a way for companies to quantify the amount of greenhouse gases (GHGs) they produce. It is similar to financial accounting, but instead of measuring financial impact, carbon accounting measures a company’s climate impact.  ( 21 min )

AMC Entertainment Holdings shares skyrocketed after the theater chain filed a revised stock conversion proposal, and the releases of "Barbie" and "Oppenheimer" drew big crowds over the weekend.  ( 18 min )

The earnings-fueled stock market rally continued at midday on Monday, July 24, 2023.  ( 17 min )

A fixed-rate mortgage is an installment loan that has a fixed interest rate for the entire term of the loan.  ( 25 min )

Find out how Morningstar ranks and rates investments, and why the Morningstar star system is so heavily influenced by modern portfolio theory (MPT).  ( 20 min )

If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )

Domino's shares rose after reporting better-than-expected earnings, boosted by its overseas business.  ( 16 min )

A pip is the smallest price increment (fraction) tabulated by currency markets to establish the price of a currency pair.  ( 26 min )

Brian Stelter, the special correspondent for Vanity Fair, and the host of The Hive podcast, explains what's really behind the actor and writer strikes facing the entertainment industry, and how artificial intelligence (AI) is changing the industry forever.  ( 18 min )

Mortgage rates have dropped, with reductions across every loan type. The 30-year average has been in a lower yo-yo pattern since hitting a 20-year high two weeks ago.  ( 20 min )

Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 18 min )

Fixed-rate and adjustable-rate mortgages have similarities and differences, depending on your financial needs and prospects.  ( 28 min )

Trading volatility is an interesting idea, but current ETFs and ETNs do a fairly poor job of it.  ( 24 min )

Learn about currencies that are more valuable than the U.S. dollar, as well as which factors contributed to their strength.  ( 31 min )

Worldcoin uses biometric data like facial and iris authentication to create a unique World ID for each user and distinguish them from AI bots.  ( 16 min )

A derivative is a securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset.  ( 29 min )

A bond rating is a grade given to a bond by various rating services. Learn how the major rating services evaluate an issuer's financial strength.  ( 19 min )

The dividend growth rate is the annualized percentage rate of growth of a particular stock's dividend over time.  ( 24 min )

Learn more about the ground lease, an agreement that allows tenants to develop leased land while the landlord typically assumes ownership.  ( 23 min )

Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 19 min )

An investor would sell a put option if their outlook on the underlying was bullish, and would sell a call option if their outlook on a specific asset was bearish.  ( 24 min )

Trade resumption refers to the commencement of trading activities after they have been shut down or halted for some period of time.  ( 21 min )

Annual premium equivalent (APE) is a common sales measure technique used by insurance companies in the United Kingdom.  ( 18 min )

SR-22 'insurance' is a certificate your state may require if your driver's license has been suspended or revoked and you want to get it reinstated.  ( 20 min )

A condominium involves apartment ownership and a percentage of the common areas while a co-op involves buying shares in a corporation that is the building.  ( 25 min )

An in-depth look at car leasing options for those with bad credit or no credit history.  ( 20 min )

Captive value added (CVA) is financial benefits that occur when a corporation creates a captive insurance subsidiary that it owns and operates.  ( 19 min )

It is possible for an insurer to cancel your policy after an accident but unlikely, unless you are a high-risk driver.  ( 19 min )

Paying off your mortgage in a reasonable amount of time can result in financial security and freedom.  ( 19 min )

Home buyers should be sure to find the answers to these 10 important questions before deciding to buy a property. The investigation will give you a sense of what the home you are about to buy is really like.  ( 22 min )

In real estate transactions, trust deeds transfer the legal title of a property to a third party until the borrower repays their debt to the lender.  ( 27 min )

The balance of payments is how a country tracks how much money is coming in and going out. Learn what makes up the balance of payments and how it works.  ( 24 min )

A future purchase option is a feature of an insurance that allows policyholders to increase their insurance coverage annually.  ( 19 min )

A limited common element is an aspect of a condominium unit that remains the property of the condominium community instead of the tenant.  ( 19 min )

Mortgage insurance protects a mortgage lender or title holder if a borrower defaults on payments, dies, or otherwise can't pay the mortgage.  ( 22 min )

Student Aid Index (SAI) is the name for the factor that determines needs-based financial aid—and there have been several changes to the equation.  ( 23 min )

An all-in-one mortgage combines the features of a checking account, a home equity loan, and a mortgage into one product.  ( 22 min )

A mortgage rate is the percentage of interest that is charged on a home loan. The precise rate you get depends on your credit score and is easily calculated.  ( 22 min )

In addition to making nearly everything more expensive, rising inflation can also result in your student loan interest rates increasing.  ( 25 min )

A captive insurance company is an entity that offers risk mitigation services for its parent company or related entities.  ( 22 min )

The U.S. Federal Reserve has hit Swiss bank UBS with a $268.5 million fine over "misconduct" by its rival, Credit Suisse, before the two merged in March.  ( 1 min )

Shares of Becton Dickinson rose to their highest level since 2020 after the FDA gave 501(k) clearance to Becton Dickinson's updated BD Alaris Infusion System.  ( 1 min )

Spotify shares slid after announcing plans to raise prices for its premium subscription plans Monday.  ( 1 min )

AMC Entertainment Holdings shares skyrocketed after the theater chain filed a revised stock conversion proposal, and the releases of "Barbie" and "Oppenheimer" drew big crowds over the weekend.  ( 1 min )

Domino's shares rose after reporting better-than-expected earnings, boosted by its overseas business.  ( 1 min )

Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 1 min )

U.S. equities gained after better-than-expected second quarter earnings reports, with the S&P 500 rising 0.4% on Monday, July 24, 2023.  ( 1 min )

The earnings-fueled stock market rally continued at midday on Monday, July 24, 2023.  ( 1 min )

Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 1 min )

(Bloomberg) -- It’s rare for corporate brands to become so intertwined with everyday conversation that they become verbs. It’s rarer still for the owner of such a brand to announce plans to intentionally destroy it.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled  ( 9 min )

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Wall Street is looking for earnings per share of o$1.73 from sales of $7.9 billion. It reported earnings of $2.48 from sales of $8.8 billion in the year ago quarter.  ( 26 min )

With A.I. posing the most serious threat that Google’s search business has faced in its history, the pressure is on for Alphabet’s CEO to deliver.  ( 8 min )

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See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Shareholders will be looking for comments on lead-sheathed cables and signs the company has stemed subscriber losses.  ( 26 min )

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(Bloomberg) -- The Dow Jones Industrial Average is pushing back toward its all-time high, technology shares have surged, sentiment among stock investors is soaring, and recession calls are being scaled back.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )

Stocks rose on Monday as investors bided their time waiting for a crucial week of earnings to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

Lenders lowered their uninsured deposits by nearly $200 billion after bank failures.  ( 28 min )

(Bloomberg) -- Last year’s plunge in the S&P 500 made uber bear Mike Wilson the most celebrated stock forecaster on Wall Street. It’s a role he has failed to reprise in 2023. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion Pro  ( 8 min )

(Bloomberg) -- Wall Street’s ravenous appetite for government bills is about to be tested once again, as the Treasury is likely to further ramp up the size of oncoming auctions to rebuild its decimated cash buffer.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled  ( 7 min )

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(Bloomberg) -- Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels, another sign of spreading trouble in commercial real estate.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 7 min )

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FedEx pilots have voted down an upgraded contract that would have raised pay scales by 30%. The post FedEx pilots reject new labor deal appeared first on FreightWaves.  ( 8 min )

Regional lenders are cutting back on some lending to preserve capital.  ( 25 min )

Here's how T-Mobile beat its ‘dumb and dumber’ competitors, according to Yale's Sonnenfeld and Tian.  ( 13 min )

Financial filings with the SEC can be long and dry, but they usually contain information investors should know.  ( 26 min )

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Alphabet will report its Q2 2023 earnings on Tuesday after the market closes.  ( 8 min )

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Stocks rose during midday trading on Monday, as investors bided their time waiting for a crucial week of earnings to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Analysts from Wells Fargo and Deutsche Bank both cited improvements in the PC industry as a key reason behind their increases.  ( 26 min )

Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 18 min )

Spotify raises its ad-free premium subscription price by $1 to $10.99 a month.  ( 26 min )

Since hitting bottom last October, the S&P 500 has bounced back strongly – in fact, it’s up approximately 27% from that trough. A rally of that magnitude meets the definition of a bull market, and some economists are saying we’re experiencing just that. Among the bulls is Cathie Wood who believes that a big shift is taking place. “The market is starting to look to the other side of the interest rate increase and they’re starting to look at inflation which is crumbling,” she noted. The Fed will h  ( 10 min )

(Bloomberg) -- TC Energy Corp. agreed to sell a 40% stake in two US natural gas pipeline networks for $3.9 billion (C$5.2 billion) in cash, a deal that will allow the Canadian company to meet a goal of reducing its debt ahead of schedule.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosO  ( 7 min )

Tesla CEO Elon Musk has blamed the Fed and high interest rates for everything from depressing the economy to shrinking the company’s margins. Now it seems the company is doing something about it.  ( 8 min )

Tesla CEO Elon Musk has blamed the Fed and high interest rates from everything to depressing the economy, to shrinking the company’s margins. Now it seems the company is doing something about it.  ( 8 min )

Mizuho analyst Vijay Rakesh raised his target price on Nvidia but said the growth of artificial intelligence is a tailwind for AMD and Intel too.  ( 26 min )

The company is planning to transition the operations at its farm in Berea, Kentucky, to its distribution partner Mastronardi Produce.  ( 12 min )

Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.  ( 8 min )

(Bloomberg) -- SoftBank Group Corp. is setting up an artificial intelligence-oriented warehousing joint venture with Symbotic Inc. and buying more shares in the supply-chain-services company, according to people familiar with the matter. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosO  ( 7 min )

Tesla downgraded, Netflix upgraded: Wall Street's top analyst calls  ( 8 min )

There are many potential problems for Verizon and AT&T arising from lead-sheathed copper telecommunications cables. How ESG investors view the problem is one of them.  ( 29 min )

AMC stock soared on Monday morning as Barbie and Oppenheimer brought moviegoers back to theaters and a plan to convert stock was halted.  ( 40 min )

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A CIO survey reveals that companies are prioritizing AI applications in their spending plans. That also helps explain why Taiwan Semi noted a softening in demand for chips in its earnings report.  ( 26 min )

The company plans J&J plans on exchanging up to 1.5 million shares of Kenvue stock that it owns, for outstanding shares of J&J common stock.  ( 29 min )

The Federal Reserve is expected to raise rates by 0.25% on Wednesday, resuming its aggressive rate hiking campaign in an effort to bring inflation back to its 2% target.  ( 10 min )

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Bitcoin and other cryptocurrencies were falling on Monday ahead of the Fed meeting. Elsewhere, OpenAI CEO Sam Altman celebrated the launch of Worldcoin.  ( 47 min )

The electric vehicle maker's stock is bumped to Neutral from Buy by UBS analyst Patrick Hummel. Full self-driving technology is the next catalyst for the company, he says.  ( 26 min )

With AMC quickly filing a modification of the settlement plan, after it was rejected by a judge Friday. The volatility surrounding the stocks could well be here to stay.  ( 26 min )

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The company plans J&J plans on exchanging up to 1.5 million shares of Kenvue stock that it owns, for outstanding shares of J&J common stock.  ( 29 min )

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Drillers and servicers of ocean wells have climbed ahead of the broader market.  ( 26 min )

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(Bloomberg) -- Listen to Wall Street’s top economists and you’ll hear the same message again and again: The risk of a recession is fading fast. And yet, in the bond market, the traditional warning that a downturn is near — an inversion of the yield curve — keeps getting louder.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWh  ( 8 min )

Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 19 min )

Demand for storage space has waned from the heights of the pandemic, as people return to offices, and some analysts expect more consolidation in the sector. The acquisition reflects Public Storage's continued execution of its opportunistic growth strategy, the company said, adding it will deepen its presence in fast-growing markets.  ( 6 min )

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UPS and the Teamsters union are set to resume talks on a new collective bargaining agreement this week before the current deal expires at the end of July and an August strike looms.  ( 9 min )

Bitcoin and other cryptocurrencies were falling on Monday ahead of the Fed meeting. Elsewhere, OpenAI CEO Sam Altman celebrated the launch of Worldcoin.  ( 36 min )

Johnson & Johnson said on Monday it had launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue. J&J, which currently owns an 89.6% stake in the consumer health unit, said it intends to split off at least 80.1% of Kenvue's shares as part of the offering.  ( 6 min )

The U.S. housing market could take years to recover from the recent spike in mortgage rates, with property prices expected to fall at least 2.4% next year.  ( 8 min )

The highly shorted AMC common shares were the most traded across all stocks trading before the opening bell at 05:58 a.m. ET, surging 59% to $6.99. A Delaware court judge said on Friday she cannot approve a deal that would potentially provide current shareholders with additional shares worth $129 million as it would also settle potential claims by preferred shareholders who were not represented in the lawsuit. AMC investors had sued the company in February, alleging a plan to convert preferred stock to common stock was enacted to circumvent the will of common stock holders who opposed the issuing of new shares.  ( 7 min )

One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.  ( 7 min )

Stocks nudged higher Monday, as investors bided their time waiting for a crucial week of earnings from Big Techs and others to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

Stocks nudged up in muted premarket trading Monday, as investors bided their time waiting for a crucial week of earnings from Big Techs and others to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

Johnson & Johnson said on Monday it had launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue. J&J, which currently owns an 89.6% stake in the consumer health unit, said it intends to split off at least 80.1% of Kenvue's shares as part of the offering.  ( 6 min )

(Bloomberg) -- Worldcoin, the token of the crypto project co-founded by OpenAI Chief Executive Officer Sam Altman, rallied on its first day of trading on Monday as investors piled into the hype around artificial intelligence. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vi  ( 6 min )

The fanfare around Margot Robbie-starrer "Barbie" could jolt the iconic Mattel doll's sales out of a year-long slump, but Wall Street thinks the party in pink will be short-lived. While Mattel will report second-quarter results on Wednesday, days after the theatrical release of the movie, analysts say the boost for Barbie sales will be most pronounced in the quarter ending Sept. 29 before tapering off. The company will likely get a small cut of the movie's box-office innings, though the biggest benefit is expected to come from toy sales following the marketing blitz around its release.  ( 7 min )

The beast that is Microsoft is still worth a look by investors, despite a hot run in the stock this year.  ( 8 min )

The beast that is Microsoft is still worth a look by investors, despite a hot run in the stock this year.  ( 8 min )

Executives promise ‘the demise of dieting.’ Could we be so lucky?  ( 15 min )

The centerpiece event of the week is the Fed's policy meeting, with the central bank expected to raise interest rates by 25 basis points on Wednesday. A majority of economists polled by Reuters still expect this will be the last increase of the current tightening cycle, after data this month showed signs of disinflation, eliminating the need for the Fed to lift rates further and supporting the thesis that has helped buoy stocks in recent weeks. The tech-heavy Nasdaq has rallied 34% so far this year, outperforming its Wall Street peers, as rate-sensitive megacap growth companies jumped on hopes that the Fed's aggressive rate hike cycle will end soon and optimism over artificial intelligence.  ( 7 min )

Bitcoin will have to remain above US$29,500 to prevent further bearish momentum, industry experts told Forkast.  ( 8 min )

Uninsured deposits are currently around 40% of all U.S. bank deposits–up from only 20% three decades ago.  ( 8 min )

Regulators and academics say some digital asset exchanges inflate trading volumes.  ( 27 min )

Tesla is downgraded to Neutral from Buy by UBS analyst Patrick Hummel. Full self-driving technology is the next catalyst for Tesla, he says.  ( 26 min )

AMC Entertainment files a revised stock conversion proposal, Chevron issues a second-quarter performance update better than expectations, and Tesla shares are downgraded.  ( 27 min )

A downturn in euro zone business activity deepened much more than expected in July as demand in the bloc's dominant services industry declined while factory output fell at the fastest pace since COVID-19 first took hold, a survey showed. HCOB's flash Composite Purchasing Managers' Index (PMI) for the bloc, compiled by S&P Global and seen as a good gauge of overall economic health, dropped to an eight-month low of 48.9 in July from June's 49.9. "The euro zone economy will likely move further into contraction territory in the months ahead, as the services sector keeps losing steam."  ( 6 min )

U.S. stock market futures pointed to small gains at the open on Monday as investors prepare for a busy week of earnings from big technology companies and the Federal Reserve’s monetary-policy meeting. Microsoft and Google-parent Alphabet will kick off the [string of tech earnings](https://www.barro  ( 12 min )

(Bloomberg) -- India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Re  ( 8 min )

(Bloomberg) -- Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to the pain companies are feeling from lower oil and gas prices.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billi  ( 9 min )

(Bloomberg) -- Shares of Country Garden Holdings Co. are expected to drop 35% as liquidity concerns surrounding China’s private builders are unlikely to ease anytime soon, according to JPMorgan Chase & Co. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )

AMC Entertainment CEO Adam Aron said on Sunday the company filed a revised petition for a stock conversion plan to address the Delaware court's concerns over other shareholders. AMC had proposed a plan to allow it to convert preferred stock to common stock and issue millions of new shares. It was sued in February by investors over how the shareholder vote on the plan was conducted.  ( 7 min )

Chinese e-commerce giant Alibaba says it does not plan to sell any shares in its one-third shareholding in financial technology company Ant Group because it wants to retain its stake in an “important strategic partner.” Alibaba Group Holdings said in a filing Sunday that it will not participate in Ant’s share buyback program. Ant, which operates one of China’s leading mobile payments services Alipay, has seen its valuation fall nearly 70% from about $280 billion ($38.9 billion) at the time it was planning an IPO in 2020.  ( 7 min )

Vodafone reported first-quarter group service revenue growth of 3.7% on Monday, driven by a strong performance in Britain, and an improvement in the rate of decline in Germany, Italy and Spain.  ( 6 min )

An electric truck which was previously damaged reignited at Nikola's Phoenix, Arizona headquarters on Sunday afternoon but there were no injuries, the electric-truck maker said.  ( 6 min )

The Amsterdam-based group, a former industrial conglomerate that now focuses on medical technology, reported adjusted earnings before interest, taxes and amortization (EBITA) of 453 million euros ($503.78 million) for the April-June period, above the 394 million euros seen in a company-compiled poll. Its adjusted EBITA margin is now seen at the upper end of its previously forecasted high-single-digit range. Philips, which is facing lawsuits over its recall of respiratory devices, said it had produced approximately 99% of the new replacement respiratory devices and repair kits required for the remediation of the registered affected devices.  ( 7 min )

The next two weeks will bring earnings reports from Microsoft, Meta, Amazon, Alphabet and Apple.  ( 26 min )

Kenvue, spun off from Johnson & Johnson in May, generated $15 billion in sales last year, enough to put it at rank 275 on 2022's Fortune 500 list.  ( 7 min )

Adidas got orders for 4 million pairs across May and June, more than it expected, and it was unable to meet the demand, the FT reported, citing people familiar with the matter. The company said in May it would start selling some of the Yeezy shoes from its defunct partnership with Ye, the rapper formerly known as Kanye West, at the end of May and planned to donate some of the proceeds to organisations fighting antisemitism and racism.  ( 6 min )

U.K. companies are trading at about a 20% discount to global peers, according to Charles Luke, an investment manager at Murray Income Trust. That gives them scope to catch up.  ( 26 min )

(Bloomberg) -- Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15  ( 9 min )

The damaged trucks were kept at the company's Phoenix site for "safety monitoring and the ongoing investigations." Nikola last month reported a fire around its headquarters and said it suspects foul play behind the incident that affected multiple trucks but caused no injuries.  ( 39 min )

The plant will have an initial production capacity of 34 gigawatt hours (GWh). "This new facility will contribute to reaching our aggressive target to offer at least 25 new battery electric vehicles for the North American market by the end of the decade," Stellantis CEO Carlos Tavares said in a statement. Stellantis, whose brands include Peugeot, Jeep, Ram, Alfa Romeo, Citroen and Opel, has announced plans to reach 100% electric passenger car sales in Europe and 50% car and light truck electric mix in the U.S. by 2030.  ( 7 min )

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(Bloomberg) -- The cryptocurrency of OpenAI Inc. Chief Executive Officer Sam Altman is set to launch Monday, Semafor reported.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitA breakdown of how the Worldcoin tokens will b  ( 6 min )

(Bloomberg) -- Posco Holdings Inc. shares jumped as much as 24% on Monday, the most on record, extending a July rally on strong quarterly profits and amid frenzied retail buying of stocks related to electric-vehicle batteries. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader V  ( 7 min )

(Bloomberg) -- Equities look primed for early gains Monday as markets open in Japan and Australia, before sentiment turns more cautious when trading gets underway in China.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion Profit  ( 8 min )

SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China's real estate industry fell to around eight-month lows on Monday as repayment concerns at two of the country's biggest developers deepened a crisis of confidence in the sector. Cash shortages at giants Country Garden and Dalian Wanda show funding issues have reached what many hoped were the largest and safest players in a business that once contributed a quarter of China's gross domestic product and is all but frozen. Country Garden shares fell by 8.7% to HK$1.26, an eight-month low and shares in its services arm tumbled 17.9% to HK$7.4.  ( 8 min )

(Bloomberg) -- Oil fell after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against signs of a tighter market.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitWest Texas Intermed  ( 6 min )

(Bloomberg) -- China’s top leaders will fail to deliver big-bang stimulus for the weakening economy this week, economists say, disappointing financial markets seeking strong action to counter the downturn. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )

The oil giant reported higher-than-expected profit in the second quarter.  ( 25 min )

Bitcoin rose on Monday morning in Asia to reclaim the US$30,000 support level. Ether moved higher, while most other top 10 non-stablecoin tokens also gained.  ( 7 min )

(Bloomberg) -- Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group Co. during the Chinese fintech leader’s imminent share buyback, saying it wants to maintain its slice of an important partner.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOi  ( 8 min )

Oil price gyrations following Russia's invasion of Ukraine meant profits of $15.1 billion that Vitol shared with its staff, Bloomberg reported.  ( 7 min )

Vezels van vlas en hennep kunnen de bouw een stuk milieuvriendelijker maken, concluderen onderzoekers van ABN AMRO. Daarvoor moet er wel meer van verbouwd gaan worden, bijvoorbeeld in Oost-Europa.  ( 4 min )

Mensen die voor het eerst een woning kopen, zien de huizen sneller in waarde dalen dan mensen die doorstromen naar een volgend koophuis. Dat komt vooral door de hogere hypotheekrente.  ( 3 min )

Elon Musk verandert Twitter in X. Op de webversie is het vogeltje uit het logo al vervangen door de letter X. Het is de zoveelste plotselinge verandering sinds de overname van het bedrijf door Musk. Merkendeskundigen noemen hem onnavolgbaar.  ( 4 min )

Elon Musk verandert Twitter in X. Op de webversie is het vogeltje uit het logo al vervangen door de letter X. Het is de zoveelste plotselinge verandering sinds de overname van het bedrijf door Musk. Merkendeskundigen noemen hem onnavolgbaar.  ( 5 min )

De Zwitserse bank UBS moet de Amerikaanse en Engelse centrale banken een boete betalen van bijna 400 miljoen dollar. Dat is vanwege het risicovolle gedrag van de overgenomen bank Credit Suisse.  ( 3 min )

De snacksector is het niet eens met de beschuldiging dat snackbars winst maken op plastic verpakkingen. Zij moeten sinds 1 juli een toeslag rekenen aan de klant voor wegwerpplastic. Zien we daardoor bij frituurders ineens meer herbruikbare verpakkingen?  ( 4 min )

De meeste problemen bij statiegeldmachines in supermarkten zijn opgelost. Met een nieuw systeem heeft ontwikkelaar Tomra naar eigen zeggen 90 procent van de overlast bij klanten verholpen. Door een cyberaanval konden consumenten bij een klein deel van de supermarkten hun statiegeldflessen en -blikjes niet kwijt.  ( 3 min )

Muziekdienst Spotify heeft maandag zijn maandprijzen verhoogd. In Nederland betaal je voor een Premium-abonnement voortaan 11 euro per maand. Dat is 1 euro duurder dan voorheen.  ( 3 min )

Sneaker-liefhebbers hebben de afgelopen tijd voor 508 miljoen euro Yeezy-sneakers besteld bij adidas. Het gaat om sportschoenen die over zijn na de breuk tussen het Duitse sportmerk en rapper en modeontwerper Ye, die vroeger Kanye West heette.  ( 3 min )

De schoolvakanties zijn begonnen en dat betekent dat iedereen tegelijk naar de camping of de Spaanse costa wil. We nemen in de zomer gemiddeld zo'n drie weken vrij. Werkgevers en werknemers weten dat in de meeste gevallen goed te regelen.  ( 5 min )

Philips gaat zoveel mogelijk werknemers die in Nederland hun baan verliezen vanwege de reorganisatie begeleiden naar ander werk. Het concern heeft met meerdere bedrijven in de regio Eindhoven contact om medewerkers onder te brengen.  ( 4 min )

Fletcher Hotels moet voortaan duidelijker zijn over de voorwaarden van vouchers die klanten kunnen kopen. Dat meldt toezichthouder ACM, nadat een aantal klanten heeft geklaagd over onverwachte extra kosten bij het gebruik van de voucher.  ( 3 min )

Twitter-eigenaar Elon Musk wil af van het huidige logo van Twitter. De vogel verandert in de letter X. "Binnenkort zeggen we gedag tegen het Twitter-merk", schrijft Musk op zijn account.  ( 4 min )

De Franse autoriteiten zijn eerder dit jaar een onderzoek gestart naar Philips. Het Nederlandse concern zou mogelijk gevoelige informatie over huishoudelijke apparaten hebben uitgewisseld met andere bedrijven en daarmee mededingingsregels hebben overtreden.  ( 3 min )

De schoolvakanties zijn begonnen en dat betekent dat iedereen tegelijk naar de camping of de Spaanse costa wil. We nemen in de zomer gemiddeld zo'n drie weken vrij. Werkgevers en werknemers weten dat in de meeste gevallen goed te regelen.  ( 4 min )

Chevron Corp's second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two U.S. oil company remains open to more acquisitions and to increasing shareholder distributions this year. In a rare preview of its results that coincided with the announced retirement of its finance chief, Chevron disclosed a $6 billion net profit in the quarter ended June 30. While that profit is almost half of the record profit in the same period last year, the $3.08 a share adjusted profit beat Wall Street's $2.97-a-share consensus estimate.  ( 7 min )

"Yesterday we along with the plaintiffs, filed with the Delaware Court, a modification of the legal release surrounding the settlement of the Delaware litigation in an effort to address the Court's voiced concern," AMC CEO Adam Aaron said in a letter to investors. He emphasized raising capital for the company's survival and said "to protect AMC's shareholder value over the long term, we MUST be able to raise equity capital." Aaron also mentioned that in a March 14 special election a majority of the AMC common shareholders and preferred shareholders supported his views on the stock conversion.  ( 7 min )

(Bloomberg) -- Chevron Corp. posted better-than-expected earnings as output in the Permian Basin soared to a record and the oil giant said it waived the mandatory retirement age for Chairman and Chief Executive Officer Mike Wirth.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trade  ( 8 min )

(Bloomberg) -- A few years ago, top investment bankers at Goldman Sachs Group Inc. wouldn’t even bother picking up phone calls from recruiters at smaller rivals. This year, managers at Jefferies Financial Group Inc., Evercore Inc. and PJT Partners Inc. say they’ve been inundated with CVs from the likes of Goldman, Barclays Plc and Credit Suisse.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally Bela  ( 13 min )

Production in the Permian Basin rose 11% from the second quarter last year, Chevron said on Sunday. The oil major also announced a new CFO.  ( 26 min )

The union says a key pension and benefits fund agreed to maintain healthcare coverage after debt-laden Yellow missed a monthly contribution.  ( 25 min )

(Bloomberg) -- AMC Entertainment Holdings Inc. has revised a stock-conversion proposal after a surprise court ruling scuttled an earlier version of the plan and caused the movie-theater chain’s shares to jump. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Aver  ( 8 min )

U.S. trucking firm Yellow averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals. "Agreement by the Central States at the urging of the Teamsters gives Yellow 30 days to pay its bills with the understanding the company will do so within the next two weeks," Teamsters union said on Sunday. Yellow is the third-biggest U.S. trucking company specializing in the less-than-truckload segment that combines shipments from different customers in the same trailer.  ( 7 min )

Craftsman's effort to create a highly-automated factory for tool production in Fort Worth, Texas, came to an end earlier this year when the facility was shutdown.  ( 9 min )

(Bloomberg) -- Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe figures, while down 48% from the same period last year, topped  ( 7 min )

U.S. oil major Chevron Corp on Sunday said Pierre Breber, vice president and chief financial officer, will retire from Chevron in 2024 and named current chief technical officer Eimear Bonner as his successor from March 1, 2024. Chevron's independent directors waived the company's mandatory retirement age of 65 for its chairman and chief executive officer, Mike Wirth, who will turn 63 later this year, the company said.  ( 6 min )

For the June quarter, analysts expect the pizza chain's same-store sales to come in 1% higher than a year ago.  ( 26 min )

The Federal Reserve is expected to raise interest rates on Wednesday. Plus, earnings reports from Alphabet, Microsoft, Visa, General Electric, Verizon, Meta Platforms, and more.  ( 27 min )

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Just because valuations are high at a given moment does not mean the next 12 months’ return will be weak.  ( 12 min )

U.S. policymakers and agencies are looking for ways to regulate autonomous vehicles on a larger scale. First, there’s the National Highway Traffic Safety Administration (NHTSA), which plans to announce a new rule-making in September that could benefit AV companies like Cruise and Zoox, both of which have plans to launch purpose-built robotaxis that don’t have steering wheels or pedals. General Motors, which owns Cruise, submitted a petition in February 2022 to NHTSA to deploy up to 2,500 of the Cruise Origins annually without human controls and may soon have an answer.  ( 14 min )

C3 AI's been on a tear in the public markets this year, up a staggering 260% year-to-date. However, the C3 picture is more complicated than the skyrocketing stock might suggest.  ( 11 min )

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A broader market rally doesn't mean we're headed for a soft landing, says one strategist. He believes the markets are overbought and due for a correction.  ( 8 min )

Few things fire up the imagination of wealth better than a gold mine. After all, while money doesn’t grow on trees, we can actually dig it up out of the ground. Our wealth-related metaphors often revolve around gold, with phrases like ‘things as good as gold’ and ‘an asset that’s like a gold mine.’ Indeed, gold stands as the ultimate symbol of riches and prosperity. While owning a gold mine might be a distant dream for many, investing in the stock of a gold mine presents an entirely feasible opp  ( 10 min )

Workers at firms like Nvidia, Amazon, Apple and Microsoft have seen big jumps in their company shares, but many don’t know the tax hit those earnings could bring  ( 19 min )

I'm in my mid-40s, married with four kids. My husband doesn't want to work and has left the financial responsibilities to me for as long as I can remember. I don’t have much in my savings account or in my 401(k). My annual income is only around $85,000. My eldest is about to start college, […] The post Ask an Advisor: I Have 4 Kids and Make $85k But My Husband Doesn’t Work. How Do I Start Investing So I Can Pay for College? appeared first on SmartReads by SmartAsset.  ( 9 min )

U.S.-based investment firm Bain capital said on Sunday that it has entered into an agreement to acquire 90% of Adani Capital and Adani Housing, buying out the Adani family's private investments in the company.  ( 5 min )

I will be retiring at the end of this year. I am trying to decide between two choices on how to best use $40,000 that I anticipate I will have as extra money by the end of the year. My only debt is the payoff of one automobile, which is about $40,000. Or, I can […] The post Ask an Advisor: I’m Retiring at the End of This Year and Will Have an Extra $40K to Invest. Should I Pay Off My Car Loan or Buy Dividend Stocks? appeared first on SmartReads CMS - SmartAsset.  ( 9 min )

Real estate has become an increasingly popular choice among investors of just about all classes. Whether you're a large investor purchasing entire properties, or a retail investor buying into REITs or ETFs, this asset class can be a strong choice for your portfolio. But, according to a recent publication from Origin Investments, there's a risk […] The post For Real Estate Investors, Costs Are Rising Due to This Unexpected Cost appeared first on SmartReads by SmartAsset.  ( 9 min )

If you retire with $750,000 in your portfolio, how long will it last? This is one of the most important questions in retirement and the answer is, it depends. It depends on a wide range of individual factors, from where you live and how much you spend to how you invest. No one can give a general […] The post How Long Will $750,000 Last in Retirement? appeared first on SmartReads CMS - SmartAsset.  ( 10 min )

Working a job with set hours, solid benefits, and fully remote flexibility is Gen Z’s answer to hustle culture.  ( 10 min )

(Bloomberg) -- US stocks are approaching a record high and the outlook for Corporate America is only expected to brighten. Now investors are waiting to see if the Federal Reserve derails the market’s bull run.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Avera  ( 8 min )

Telecom stocks have sagged under heavy debt and concerns about slowing growth.  ( 25 min )

The Communist Party is becoming less timid in its retaliation against American economic warfare  ( 8 min )

Stock more than doubles from a year ago as the conglomerate continues its breakup into three companies.  ( 25 min )

As the stock market rally begins to broaden, a Federal Reserve meeting and quarterly reports from more than 150 S&P 500 companies await investors in the week ahead.  ( 11 min )

China remains attractive to global pharmaceutical companies even as many multinationals shift their focus elsewhere.  ( 25 min )

President Joe Biden's efforts to eliminate junk fees won't necessarily save shoppers any money, critics warn. Here's why.  ( 10 min )

(Bloomberg) -- Elon Musk said he wants to drop the Twitter logo soon and eventually get rid of the birds that have long been its signature.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe billionaire tweeted a shimmer  ( 6 min )

(Bloomberg) -- China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about the growth outlook continue to mount. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay  ( 7 min )

Employers far beyond restaurants rely on the practice to avoid paying higher wages. Have customers reached their limit?  ( 21 min )

Distressed investors are fighting over REITs trading at discount prices.  ( 26 min )

Electric supplies from renewable energy, hydropower and batteries bolster vulnerable parts.  ( 25 min )

There’s no doubt the bulls have been charging ahead in 2023. The S&P 500 is up more than 18% year-to-date, while the tech-heavy NASDAQ has been puffing out its chest with a 34% return. Right now, the gains are narrow, resting mainly on a handful of deep-pocketed, big-name tech firms, but there’s a likelihood investor money will start spreading around more widely. If the bull market does widen out, it will raise the question of which stocks to buy, and that’s where the Smart Score can narrow the  ( 10 min )

Here is your Pro Recap of 4 head-turning deal dispatches you may have missed last week: Stratasys agrees to merger discussions with 3D Systems and rejects Nano again; VMware-Broadcom receives clearance from U.K. regulator; merger deal signed between Dell and Moogsoft, and KKR picks up a specialty chemicals name. After six weeks of unsolicited proposals and rejections, Stratasys (NASDAQ:SSYS) said early last week that 3D Systems' (NYSE:DDD) most recent revised buyout offer "would reasonably be expected to result in a 'Superior Proposal'" as defined within its all-stock $1.8 billion merger agreement with Desktop Metal (NYSE:DM), inked in May.  ( 8 min )

Severe storms in the U.S. resulted in at least 13 individual billion-dollar events and $35 billion in insured losses for the first six months of the year.  ( 26 min )

Restaurant stocks have been on a hot streak this year. Analysts question if the momentum will last given that restaurant inflation is still high.  ( 26 min )

(Bloomberg) -- By some measures, the euro is at its most expensive level on record, potentially setting itself up for a fall if starts to undermine the euro area economy and forces the European Central Bank to turn dovish.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol  ( 9 min )

Saudi Arabia has emerged as a private financial backer of the £4bn takeover of Selfridges, as part of a shopping spree intended to increase its international clout and boost development of its economy.  ( 7 min )

Powerful forces, from stimulus spending to climate change, have spurred the acceleration in price growth. History suggests inflationary trends will persist.  ( 26 min )

If you're looking at Charles Schwab’s fund options for your retirement account, SWTSX and SCHZ can be good options to consider.  ( 23 min )

Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago.  ( 26 min )

Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output.  ( 24 min )

The pros and cons of using your nest egg to buy a special longevity annuity in retirement.  ( 24 min )

The less-than-truckload sector has been disrupted by a very public dispute between Yellow and the Teamsters. Rates have already seemingly responded and may continue to see support. The post LTL rates bounce as Yellow struggles with union appeared first on FreightWaves.  ( 7 min )

While leasing has certain advantages, buying a car tends to save you money in the long run and offers greater flexibility.  ( 24 min )

Do you think making two payments a month for your mortgage is a good idea? Think twice about that. We tell you why.  ( 24 min )

The BanxQuote Money Markets Index was an index of money market funds, compiled by the financial information firm BanxQuote.  ( 20 min )

A group health insurance plan offers coverage at a lower premium than an individual plan and is available to employees of a company or organization.  ( 24 min )

Many states assign points to your driving record for violations. Learn how points work and how they can affect your car insurance rates.  ( 21 min )

Ripple (XRP) is the native cryptocurrency for the payment system created by Ripple Labs Inc. Find out how to buy and invest in XRP.  ( 23 min )

“Carriage and insurance paid to” is when a seller pays freight and insurance to deliver goods to a seller-appointed party at an agreed-upon location.  ( 21 min )

We go over different types of shares and what investors need to know about them so they can make better investing decisions.  ( 19 min )

Yearly probability of dying is a statistical estimate of the likelihood of a person dying within a year, based on age and sometimes other factors.  ( 24 min )

Learn about the value at risk, how confidence intervals and confidence levels are used to interpret the value at risk and the difference between the two.  ( 19 min )

A brokerage fee is a fee a broker charges to execute transactions or provide specialized services.  ( 24 min )

A market index is a hypothetical portfolio representing a segment of the financial market. Popular indexes include the Dow Jones, S&P 500, and Nasdaq.  ( 25 min )

Total permanent disability (TPD) is a condition in which an individual is no longer able to work due to injuries.  ( 19 min )

Money can be made on a stock without actually owning any shares, but short selling isn't for new investors.  ( 22 min )

The accidental death benefit (ADB) is a payment due to the beneficiary of an accidental death insurance policy. Learn more about what it covers.  ( 21 min )

A commodity is a basic good used in commerce that is interchangeable with other goods of the same type.  ( 26 min )

Elon musk announced that he will drop Twitter's bird logo, saying it should have been done a long time ago.  ( 16 min )

Reduce the cost of owning and maintaining a car with these clever tax tips.  ( 20 min )

Learn about the difference between two freight methods and how costs apply to them.  ( 21 min )

A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.  ( 29 min )

Examine the largest banks in the Russian Federation, including the massive conglomerate Sberbank, which is the third-largest bank in Europe.  ( 20 min )

A detailed description of what a car title is and its importance to registering and owing a personal vehicle.  ( 19 min )

Make sure the house you choose is worth the price you pay. Here are 10 tips on how to get a good price for a home.  ( 24 min )

Here are the pros and cons of temporarily suspending your student loan payments.  ( 26 min )

When investing some assets are considered safe, while others are considered risky, this includes savings accounts, T-bills, certificates of deposit, equities and derivatives.  ( 19 min )

These circles of like-minded people are a wonderful way to explore investing without laying out large sums.  ( 21 min )

Credit life insurance is a policy designed to pay off a borrower's debt if the borrower dies. Learn how it works and more about the pros and cons.  ( 21 min )

Understand how dental insurance works and find out what to look for when comparing policies.  ( 23 min )

Disability coverage is important to have in case you become physically unable to work. You can purchase group or individual coverage.  ( 21 min )

With the rising cost of college and questionable career prospects awaiting college graduates, some are wondering if a college education is still worth it.  ( 23 min )

Workers at firms like Nvidia, Amazon, Apple and Microsoft have seen big jumps in their company shares, but many don’t know the tax hit those earnings could bring  ( 18 min )

Home equity loans and mortgages are loans that use your home as collateral, but there are important differences between the two.  ( 25 min )

Full-time realtors are frustrated with the amount of competition now required to sell a home because the market is so saturated with agents while mortgage lenders are cutting jobs amid a deal slowdown.  ( 19 min )

Decreasing term insurance is a renewable term life insurance with coverage decreasing at a predetermined rate throughout the policy's life.  ( 21 min )

If you're looking at Charles Schwab’s fund options for your retirement account, SWTSX and SCHZ can be good options to consider.  ( 23 min )

Oil and gas investments can provide unmatched tax deduction potential for accredited investors.  ( 22 min )

Koophuizen waren vorige maand gemiddeld 5,5 procent goedkoper dan een jaar eerder. Verder blijkt dat het aantal verkochte woningen met 6 procent is gestegen in vergelijking met vorig jaar. Dat concluderen het Kadaster en statistiekbureau CBS.  ( 4 min )

Vakantiegangers die in het buitenland in het ziekenhuis belanden, krijgen ook nog eens een pijnlijke verrassing te verwerken. Als je niet extra verzekerd bent, is er een grote kans dat je zelf een deel van de kosten moet betalen.  ( 4 min )

Liefhebbers van wijnen uit Spanje of Italië hoeven zich nu nog geen zorgen te maken over het extreme weer daar. Maar als het langer aanhoudt, kan dat wel slecht uitpakken voor de druivenoogst.  ( 4 min )

Vakantiegangers die in het buitenland in het ziekenhuis belanden, krijgen ook nog eens een pijnlijke verrassing te verwerken. Als je niet extra verzekerd bent, is er een grote kans dat je zelf een deel van de kosten moet betalen.  ( 4 min )

Liefhebbers van wijnen uit Spanje of Italië hoeven zich nu nog geen zorgen te maken over het extreme weer daar. Maar als het langer aanhoudt, kan dat wel slecht uitpakken voor de druivenoogst.  ( 4 min )

Elon musk announced that he will drop Twitter's bird logo, saying it should have been done a long time ago.  ( 1 min )

When shopping for a new car, you want to make sure that you get the best price. Learn how, without the hassle of haggling.  ( 21 min )

Clearing is when an organization acts as an intermediary to reconcile orders between transacting parties. A clearing bank approves checks for payments.  ( 23 min )

Renting out a room on Airbnb can be a good way to generate income, but you need to understand what is and isn’t covered by your homeowner’s insurance.  ( 20 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )

Although renting by the room can increase returns on rental property, it does come with a few caveats.  ( 21 min )

Understanding recoverable depreciation may help you claim more in insurance reimbursement for damage to your property.  ( 26 min )

A defined contribution (DC) plan is a retirement plan in which employees allocate part of their paychecks to an account funding their retirements.  ( 25 min )

Your decision on how frequently to make life insurance payments, or your mode of premium, can have a big impact on your total costs.  ( 19 min )

Collision insurance is auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.  ( 17 min )

Product recall insurance covers expenses associated with recalling a product from the market.  ( 19 min )

An actuarial life table is a table or spreadsheet that shows the probability of a person at a certain age dying before their next birthday and is used by insurance companies to price products.  ( 19 min )

Business crime insurance gives companies protection from damage from corporate crimes like fraud, embezzlement, theft, and others.  ( 19 min )

Classic car insurance is geared toward vehicles, even newer ones, that tend to appreciate in value.  ( 20 min )

An energy improvement mortgage allows borrowers to qualify for additional loan funding for cost-effective energy efficiency improvements on a home.  ( 18 min )

The member month refers to the number of individuals participating in an insurance plan each month. It is calculated with specific formulas.  ( 19 min )

A ceding company is an insurance company that passes a part or all of its risks from its insurance policy portfolio to a reinsurance firm.  ( 19 min )

A captive agent is an insurance agent who only works for one insurance company and is paid by that one company, either by salary, commission, or both.  ( 18 min )

An HOA fee is a recurring fee paid by some homeowners to an organization that helps maintain and improve their property and others in the same group.  ( 22 min )

Intrinsic value reduces the subjective perception of a stock's value by analyzing its fundamentals.  ( 25 min )

A health maintenance organization (HMO) is a health insurance plan that provides health services through a network of doctors for a monthly or annual fee.  ( 28 min )

A golden cross is a bullish chart pattern used by traders and investors where a short-term moving average crosses a long-term moving average from below.  ( 24 min )

Although they are often confused and may be used interchangeably, the terms commodity and product are very different.  ( 21 min )

While you don’t have a say in who your student loan servicer will be, you should be able to easily find out who they are. Here’s what you need to know.  ( 23 min )

Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.  ( 30 min )

There are differences between a bond's yield rate and its coupon rate. The coupon rate influences market price and the market price influences yield.  ( 21 min )

Learn about the methods that criminals use when they are looking to launder money and how the government seeks to prevent them.  ( 24 min )

Higher interest rates boosted big banks’ net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.  ( 19 min )

Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 18 min )

Newmont Corporation, the world’s biggest gold mining company, missed profit expectations for the second quarter as lower production and gold prices weighed on profitability.  ( 17 min )

Interest rates can have a complicated ripple effect through financial markets. Learn more about how they specifically impact the stock market.  ( 28 min )

Here's how Sling TV works. Sling TV streams live channels, including sports, and can be a great deal for cord-cutters.  ( 19 min )

An origination fee is an upfront fee charged by a lender to process a new loan application. It acts as compensation for executing the loan.  ( 25 min )

Open an account with one of these listed companies to receive its brokerage account promotions, but be sure it's the right account for your needs.  ( 23 min )

Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 21 min )

The maker of Marlboro cigarettes, Philip Morris, posted better-than-expected earnings for the second quarter.  ( 26 min )

"New work patterns mean that people are traveling who in the past couldn’t because they were in an office Monday through Friday."  ( 8 min )

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Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )

(Bloomberg) -- A bond market that wants to rally is anxiously waiting in the wings for the Federal Reserve to give it the green light next week as a robust economy keeps upending bullish positions.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Re  ( 8 min )

(Bloomberg) -- The world’s major central banks meet in the coming week to set monetary policy amid continued signs that the worst inflation crisis in decades is easing.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitWhil  ( 11 min )

For many Americans, saving for retirement starts with having an employer-provided plan, especially one that you’re automatically enrolled in with payroll deductions. The problem: nearly half of US private-sector workers–roughly 57 million people–don’t have access to an employer-sponsored pension, such as a 401(k). At least in some states, though, help may be on the way.  ( 9 min )

(Bloomberg) -- US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind for lenders ranging from banks to asset-backed securities investors.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled A  ( 9 min )

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Also this week, the British treasury issued a firm no to those calling for crypto to be regulated as gambling.  ( 7 min )

(Bloomberg) -- Tesla Inc. has started offering consumers 84-month auto loans after Elon Musk said the carmaker would “have to do something” about rising interest rates.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe  ( 7 min )

Precious metal prices, especially gold and silver, have seen a brief rally in July, but uncertainty remains as to whether this upward trend will continue.  ( 7 min )

"Financing these at 3% [mortgage rates] then jumping rates to 6% is the same as burning them [the homes] down from a supply perspective"  ( 7 min )

"Just in the last 18 months, 15 companies have stopped writing [insurance] business in Florida"  ( 10 min )

A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms.  ( 25 min )

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

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Annual pay raises can help workers keep up with the rising costs of goods and services in an economy. But when prices increase faster than wages, a pay bump can end up feeling more like a pay cut. This was the case for many workers over the last few years when inflation dwarfed wage growth. […] The post These Careers Had the Highest Pay Bumps, While Others Fell Behind – 2023 Study appeared first on SmartReads CMS - SmartAsset.  ( 8 min )

If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.  ( 9 min )

Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.  ( 10 min )

Many workers have no idea how much they need to have saved for retirement, according to a survey by the nonprofit Transamerica Center for Retirement Studies TCRS, in collaboration with the Transamerica Institute.  ( 8 min )

(Bloomberg) -- There’s growing concern on Wall Street that the twin engines of this year’s tech-stock surge are at risk of sputtering. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThat was evident Thursday, when the t  ( 9 min )

Despite your best planning and efforts to prepare for retirement, you're still likely to encounter some kind of unexpected challenges after you stop working. According to Charles Schwab, there are five retirement surprises, which might come as a financial shock to many older workers. However, if you're prepared, you can avoid allowing seeing these disruptions […] The post The Hidden Retirement Expenses You Should Be Planning For, According to Schwab appeared first on SmartReads CMS - SmartAsset.  ( 8 min )

Buyers and producers debate agriculture policy requiring companies use mostly U.S. sugar.  ( 25 min )

Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 19 min )

The U.S. is playing catch-up in battery supply chains dominated by China.  ( 22 min )

Regional bank stocks just had their best week in more than a year, even though executives warned that revenues and profits are still under pressure.  ( 9 min )

Newmont Corporation, the world’s biggest gold mining company, missed profit expectations for the second quarter as lower production and gold prices weighed on profitability.  ( 18 min )

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A 65-year-old retiring this year can expect to spend an average of $157,500 toward healthcare expenses throughout retirement, Fidelity estimates.  ( 26 min )

(Bloomberg) -- Chinese regulators met with global investors on Friday, according to people familiar with the matter, stepping up the government’s bid to boost market confidence as the country’s economic recovery loses steam. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganUS Recession Becomes Closer Call as Economists Rethink ForecastsPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Sur  ( 8 min )

"The company plans to reallocate the majority of those positions to new, cloud-focused technology roles," the spokesperson said in an emailed statement, adding that the overall headcount will remain the same. The spokesperson declined to comment on how many people would be reallocated or whether CME will hire additional people to maintain headcount.  ( 6 min )

A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production.  ( 21 min )

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The world's largest oil field services company saw substantial increases in revenue and net income in the second quarter, despite a downturn in North America rig counts.  ( 11 min )

In trials, Biogen and Eli Lilly have shown that their drugs can slow early-stage decline in the disease. It could be a bonanza for patients—and investors.  ( 26 min )

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(Bloomberg) -- Global fund managers are tamping down expectations ahead of China’s Politburo meeting, with many bracing for prolonged gloom in the stock market on bets that any policy support will lack potency.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Surge as Judge Den  ( 8 min )

Higher interest rates boosted big banks’ net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.  ( 1 min )

De Amerikaanse regering moet meer onderzoek doen naar de gevolgen van de beperkingen op de export naar China voor de chipindustrie.  ( 3 min )

Amazon zet een groot gebouw ter waarde van zo'n 107 miljoen euro neer bij NASA's Kennedy Space Center in de Amerikaanse staat Florida. Daar staan installaties om raketten te lanceren. Het webwinkelconcern wil er satellieten gaan bouwen.  ( 3 min )

De Nederlandse voetbalsters spelen zondag hun eerste wedstrijd op het WK in Australië en Nieuw-Zeeland, maar commercieel is het toernooi niet aantrekkelijk. Supermarkten, winkels en adverteerders laten het massaal afweten.  ( 4 min )

Het bedrijf achter brillenmerk Ray-Ban en Oakley wordt er door Amerikaanse consumenten van beschuldigd dat het de prijzen van zijn brillen tot wel 1.000 procent heeft opgedreven.  ( 3 min )

Nu Twitter zich door chaos na chaos worstelt, schieten de alternatieven als paddenstoelen uit de grond. Maar Threads is er niet in Nederland, op Bluesky is het rustig en Mastodon lijkt te ingewikkeld. De twitteraar kan eigenlijk geen kant op.  ( 4 min )

IntraFi Network Deposits help consumers with large deposits insure their money by spreading funds out to stay below the FDIC insurance limit of $250,000 per depositor per bank.  ( 23 min )

Checking accounts do not require beneficiaries, but consumers can add them upon request. Learn how payable-on-death accounts work.  ( 24 min )

State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.  ( 16 min )

The NASDAQ-100 Equal Weighted Index is an equal-weighted version of the NASDAQ-100, a group of the largest and most frequently traded stocks on the NASDAQ.  ( 21 min )

The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.  ( 16 min )

Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.  ( 19 min )

Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.  ( 16 min )

The volatility surface is a three-dimensional plot of stock option implied volatility seen to exist due to discrepancies in the stock market.  ( 22 min )

Private equity firm KKR agreed to buy Chase Corp for $1.3 billion in a move that expands its holdings in the specialty chemicals space.  ( 16 min )

Both Wealthsimple and Betterment have features that appeal to less experienced investors, with plenty of planning tools and zero opening balances.  ( 23 min )

Both of these firms have created solid offerings, but Charles Schwab Intelligent Portfolios has lower fees  ( 25 min )

Coming up: big tech earnings, the Fed's July policy meeting, and the central bank's preferred gauge of inflation.  ( 20 min )

Angela Merkel (born Angela Dorothea Kasner on July 17, 1954) was chancellor of Germany from 2005 until 2021. She was the second-longest-serving chancellor in German history, and was the first woman to hold the office.  ( 23 min )

On the surface, Betterment and Fidelity Go share many similarities. However, there are some key differences between Betterment and Fidelity Go that will help you choose the best fit for your money.  ( 26 min )

Two solid options. The right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.  ( 27 min )

Ellevest offers the most account options with the Executive membership flat fee, but Betterment caters to new investors, with live customer service and low-cost options.  ( 26 min )

FutureAdvisor and Betterment are very different robo-advisories, but they share a similar approach. Both rely heavily on Modern Portfolio Theory (MPT) in managing your portfolio, although the specifics of portfolio creation and rebalancing differ.  ( 22 min )

M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is better for setting financial goals and M1 is better for automated investing.  ( 27 min )

Here's a rundown of the specific tax rules that apply to homeowners renting out a vacation property.  ( 20 min )

In terms of numbers, there are very few categories where Stash outperforms Betterment. This is to be expected as Betterment is one of the top robo-advisors we reviewed.  ( 27 min )

Wealthfront and Betterment both earned spots in our Best Robo-Advisor Awards. We describe their similarities and differences to help you decide which is best for you.  ( 26 min )

We compared portfolio management, usability, and fees from the best robo-advisors. This list will help you find the best automated portfolio builders for your needs.  ( 41 min )

A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on your income.  ( 30 min )

A jumbo loan or jumbo mortgage is a type of financing that exceeds the conforming limits set by the Federal Housing Finance Agency (FHFA).  ( 24 min )

A trader is someone who engages in the purchase or sale of assets in any financial market, either for themself or on behalf of another party.  ( 29 min )

For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer a valuable addition to one's strategy.  ( 23 min )

You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )

U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.  ( 16 min )

Shares of railroad operator CSX fell after missing revenue estimates as intermodal shipping volumes dropped.  ( 16 min )

Digital World Acquisition Corp. shares soared after an SEC settlement over charges it misled investors.  ( 16 min )

An IP address is a unique identifier associated with a computer or network, which allows users to send and receive data.  ( 26 min )

Mortgage rates jumped higher Thursday, with increases across every loan type. The 10-year and 15-year averages especially surged, each adding more than a quarter point.  ( 20 min )

Moving average convergence/divergence (MACD) is a momentum indicator that shows the relationship between two moving averages of a security’s price.  ( 29 min )

Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 21 min )

Personal loans are not considered income and cannot be taxed unless the loan is forgiven.  ( 24 min )

First-time homebuyers may make mistakes in the mortgage and home-buying processes. Here are some of the most common mistakes to avoid to save money and time.  ( 30 min )

U.S. Treasury Secretary Janet Yellen visited Vietnam this week and talked about the country's role in protecting domestic supply chains.  ( 17 min )

The team will be tasked with analyzing ways to avoid debt ceiling standoffs and “make the risk of default a thing of the past.”  ( 16 min )

Payday loans are almost always more expensive than personal loans when it comes to borrowing money and tend to be riskier as well.  ( 25 min )

A lawsuit settlement loan is a cash advance for an impending settlement or judgment. There can be pricey strings attached.  ( 22 min )

Investors are growing more bullish and optimistic about a soft landing as inflation cools, according to a Morgan Stanley Wealth Management Pulse Survey.  ( 17 min )

This personal loan calculator will help you calculate monthly payments  ( 21 min )

Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 26 min )

Personal loans and credit cards both offer a way to borrow funds, but there have different advantages and risks. Learn how these two funding sources compare.  ( 24 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 24 min )

The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 27 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 26 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 30 min )

The Dutch East India Co. was the first company to sell shares of a business to the public in 1602.  ( 20 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 17 min )

Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 18 min )

Year to date (YTD) refers to the period of time beginning on the first day of the current calendar year or fiscal year and extending up to the current date.  ( 25 min )

Peer-to-peer (P2P) lending enables an individual to obtain a loan directly from another individual, cutting out the traditional bank as the middleman.  ( 23 min )

Learn about the difference between market capitalization and market value including the factors that go into the calculation of each metric. While both provide a measure of corporate assets, the two are vastly different in their calculation and precision.  ( 19 min )

Personal loans from friends, family, and employers fall under common categories of debt that can be discharged in the case of bankruptcy.  ( 22 min )

Learn about the four most common reasons a company may choose to suspends its dividends, including financial trouble, funding growth and unexpected expenses.  ( 20 min )

Executives at Amazon, Anthropic, Alphabet, Inflection, Meta, Microsoft, and OpenAI will meet at the White House with administration officials Friday to discuss the voluntary agreements.  ( 16 min )

The Great Recession may be over, but broker wrongdoing hasn't. How do you know if a broker is legit?  ( 25 min )

Supplemental Security Income (SSI) is a benefit for people with disabilities. The SSI resource limit hasn't kept up with inflation, and $2,000 buys far less than it did when it was set in the 1970s.  ( 20 min )

Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here’s what investors need to know today.  ( 18 min )

Institutional ownership can both create and destroy value for shareholders. Learn how to stay ahead of the game.  ( 21 min )

Discover some reasons that corporations might issue preference or preferred shares, and why investors might value them more than common shares.  ( 20 min )

Find out how dividends affect a company's stockholder equity and how the accounting process changes based on the type of dividend issued.  ( 23 min )

(Bloomberg) -- Leaders of the largest US chipmakers told Biden officials this week that the administration should study the impact of restrictions on exports to China and pause before implementing new ones, according to people familiar with their discussions.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusAMC Shares Surge as Judge Denies APE Deal in Surprise R  ( 9 min )

India could account for 10% of the world’s Apple users by 2032, and contribute $40 billion of the company’s revenue, according to one analyst.  ( 26 min )

HOUSTON (Reuters) -A U.S. court set Oct. 23 as the start date for a long-expected auction of shares in Venezuela-owned refiner Citgo Petroleum's parent to pay creditors with judgments against the South American nation. The sale process lays out a schedule that could lead to formal approval of any sale of shares in PDV Holding, a U.S.-based unit of state company Petróleos de Venezuela, a year from now. U.S. Judge Leonard Stark in Delaware this week accepted a recommendation by a court official in charge of organizing the auction.  ( 7 min )

The governor says the investigation will protect the retirees of Florida.  ( 26 min )

Stocks are climbing on strong earnings and expectations for a rate-hike pause. Still, there are disquieting signs that the economy is slowing.  ( 26 min )

Climate change, extreme weather, and a deluge of litigation have made Florida an expensive state for insurance companies to do business in.  ( 26 min )

A judge blocked the conversion of APEs to common shares.  ( 29 min )

AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant to complete a set of equity transactions enabling it to issue substantially more shares.  ( 31 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.  ( 18 min )

Johnson & Johnson will offer its holders to chance to swap their shares for Kenvue stock  ( 26 min )

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Shares of electric-vehicle maker Tesla trade an incredible amount of volume on a daily basis, making the average holding time shockingly short.  ( 26 min )

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Ahead of the Nasdaq-100 rebalance, individual investors piled into an exchange-traded fund that tracks the tech-focused index. Investors poured more  ( 20 min )

(Bloomberg) -- It made sense at the time. Jerome Powell was waging war on inflation. The bond market was flashing dire warnings. Practically everyone saw a recession coming.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Surge as Judge Denies APE Deal in Surprise RulingAnd ye  ( 10 min )

(Bloomberg Law) -- AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging 100% in after-hours trading.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink  ( 8 min )

Stocks finished near where they started Friday, as the Dow eked out a 10th day of gains.  ( 7 min )

The 5th U.S. Circuit Court of Appeals in New Orleans said it will review the case en banc, meaning that all active judges will take part. A three-judge panel of the same court had in March upheld a National Labor Relations Board decision that Musk's tweet was an unlawful threat that could discourage unionization, and ordering Musk to delete it.  ( 7 min )

"It is indeed a mad, mad world," says Société Générale's Albert Edwards. “What on earth is going on? Something very strange has happened…”  ( 8 min )

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Stock in the satellite radio operator soared 42% Thursday as a result of a short squeeze.  ( 36 min )

"With a UPS strike, everyone in America will feel it if it happens," said one expert who pegged the potential economic hit at $5 billion.  ( 10 min )

Oil prices logged their fourth straight weekly gain, powered by a combination of factors. U.S. crude oil futures settled at $77.07 a barrel Friday, up 1.9% on the day and about 11% over the past four weeks. Today's settlement was the highest since April 25. The reasons for the rally: _**Supply  ( 21 min )

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Next week, several of Wall Street’s heavyweights will step up to the earnings plate, amongst them Microsoft (NASDAQ:MSFT). The tech giant will deliver its fiscal fourth quarter of 2023 statement (June quarter) on Tuesday (July 25) amidst strong optimism the company is only starting to benefit from the ongoing adoption of generative AI. As such, ahead of the print, Piper Sandler analyst Brent Bracelin sees a ‘solid’ set-up, given “1) robust Gen AI momentum, which could drive above-consensus capex  ( 7 min )

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(Bloomberg) -- Amazon.com Inc. will require some corporate employees to relocate as part of a mandate requiring workers to be in the office three days a week, according to people familiar with the matter, the latest source of strain between the tech giant and its workforce following layoffs that began last year.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Cal  ( 7 min )

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(Bloomberg) -- A likely re-weighting of Sirius XM Holdings Inc. in the Nasdaq 100 is adding another twist to the stock’s wild moves, with the market transfixed by an unprecedented short squeeze.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusApple Tests ‘Apple GPT,’ Develops Generative  ( 7 min )

Some investors bought shares even after the company went bankrupt in April, betting on a long-shot revival.  ( 28 min )

Cyrus Hodes alleges CEO Emad Mostaque convinced him “that the company he had helped build was essentially worthless.”  ( 7 min )

A CIO survey reveals that companies are prioritizing AI applications in their spending plans. That also helps explain why Taiwan Semi noted a softening in demand for chips in its earnings report.  ( 26 min )

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Shares in Sirius XM Holdings were down 10.5% on Friday, erasing some of their dramatic gains in the previous day's session with analysts attributing the volatility to a short squeeze, as well as a rebalance of the Nasdaq 100. U.S. satellite and online radio company, Sirius XM, which is majority owned by Liberty Media, last traded at $6.99 after closing up 42% at $7.81 on Thursday for its biggest one-day percentage gain since March 2009. Analytics firm Ortex estimates that 34% of Sirius's publicly available shares are sold short, where bearish investors borrow shares to sell them "short" with the aim of buying them back at a lower price to repay the debt and pocket the difference.  ( 7 min )

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The car seller earned $6.29 a share for the second quarter. Analysts tracked by FactSet had penciled in $5.91.  ( 26 min )

“We’ll have all these little mid-block parks in New York City because there won’t be anything else to do with those buildings," Sternlicht warned.  ( 8 min )

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Many investors entered the second-quarter earnings season expecting the worst for regional banks. But that didn’t materialize in the results released this week, at least not for the bigger players. Another round of earnings results Friday also showed stabilizing deposits at regional lenders: Dep  ( 22 min )

A U.S. district court in Kansas may ultimately determine Yellow’s fate on Friday. The post Yellow’s fate likely in hands of Kansas district court appeared first on FreightWaves.  ( 9 min )

With markets rallying and the Federal Trade Commission unable to stop deal-making in court, a rebound in capital-markets activity alone could propel the stock.  ( 26 min )

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